Form 4: United Bancorp Director Bethany E. Schunn Increases Stake with Recent Stock Purchase

Director Bethany E. Schunn of United Bancorp INC /OH/ (UBCP) acquired 1,569 shares of common stock at $12.33 per share on June 21, 2024, increasing her direct holdings to 15,688 shares.

Summary

• On June 21, 2024, Bethany E. Schunn, a director of United Bancorp INC /OH/ (UBCP), purchased 1,569 shares of the company's common stock.
• The purchase price was $12.33 per share.
• Following the transaction, Schunn directly owns 15,688 shares of United Bancorp INC /OH/.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a director is increasing their stake in the company, which is generally seen as a sign of confidence. However, it's a single transaction and doesn't provide a comprehensive view of the company's overall health.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. Purchases by directors are often viewed positively, suggesting confidence in the company's direction.

Key Dates