Form 4: Penns Woods Bancorp Inc. Director Exercises Stock Options and Disposes of Shares

Sentiment:

SEC Form 4 Filing


Brian L. Knepp, a director and President of Penns Woods Bancorp Inc., exercised stock options and disposed of shares on May 14, 2025.

Summary

  • On May 14, 2025, Brian L. Knepp, President and a director of Penns Woods Bancorp Inc., exercised employee stock options to acquire 12,000 shares of common stock at a price of $28.01 per share.
  • Following the exercise, Knepp disposed of 11,089 shares of common stock at a price of $30.31 per share.
  • After these transactions, Knepp beneficially owns 46,272 shares of Penns Woods Bancorp Inc. common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock option exercise and share disposal. The transactions themselves don't necessarily indicate a positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences. It provides transparency into the trading activities of company insiders and their potential views on the company's stock.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
  • The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
05/14/2025Date of earliest transaction: Exercise of stock options and disposal of shares.
05/15/2025Date of signature on the Form 4 filing.
03/15/2029Expiration date of the employee stock options.

Keywords

Form 4, Beneficial Ownership, Stock Options, PWOD, Penns Woods Bancorp Inc., Insider Trading, Director, Knepp Brian L

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