Form 4: Penns Woods Bancorp Inc. Executive Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
Michelle M. Karas, Chief Data Officer of Penns Woods Bancorp Inc., exercised stock options and disposed of shares on February 7, 2025.
Summary
- On February 7, 2025, Michelle M. Karas, Chief Data Officer of Penns Woods Bancorp Inc. (PWOD), exercised employee stock options to acquire 6,000 shares of common stock at a price of $28.01 per share.
- Following the exercise of options, Karas disposed of 5,268 shares of common stock at a price of $31.9.
- The transactions resulted in Karas holding 3,289 shares of common stock directly.
- The exercised options were granted under an employee stock option plan and vested over time.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment, but rather reports factual transactions.
Industry Context
Executive stock option exercises and share disposals are common occurrences in publicly traded companies and are often related to executive compensation and personal financial planning.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of stock option exercise and share disposal. |
| 02/10/2025 | Date of signature on the Form 4 filing. |
| 03/15/2029 | Expiration date of the employee stock options. |
Keywords
Form 4, Insider Trading, Stock Options, PWOD, Penns Woods Bancorp, Executive Compensation, Michelle Karas, Chief Data Officer
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