Form 4: Penns Woods Bancorp Director Miller Acquires and Disposes of Shares
SEC Form 4 Filing
Director Robert Q. Miller of Penns Woods Bancorp Inc. reports acquiring and disposing of company stock on April 30, 2024.
Summary
- Robert Q. Miller, a director of Penns Woods Bancorp Inc. (PWOD), filed a Form 4 detailing changes in beneficial ownership.
- On April 30, 2024, Miller acquired 414 shares of Penns Woods Bancorp common stock at a price of $17.48 per share.
- On the same day, Miller disposed of an unspecified amount of shares.
- Following these transactions, Miller beneficially owns 7,614 shares of Penns Woods Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, depending on how the market interprets the director's trading activity.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of stock acquisition and disposal. |
| 05/01/2024 | Date of signature on the Form 4 filing. |
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