Form 4: United Bancorp Director Gary W. Glessner Acquires 580 Shares
SEC Form 4
Gary W. Glessner, a director of United Bancorp, recently purchased 580 shares of the company's common stock at a price of $12.16 per share.
Summary
- On June 21, 2024, Gary W. Glessner, a director of United Bancorp INC /OH/, acquired 580 shares of common stock.
- The purchase price was $12.16 per share.
- Following the transaction, Glessner directly owns 91,040 shares of United Bancorp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the quantity is relatively small.
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 trading activity is closely monitored by regulators and investors as it can provide insights into a company's performance and future prospects. Purchases by insiders are generally viewed more favorably than sales.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Date of transaction: Gary W. Glessner purchased 580 shares of United Bancorp common stock. |
| 06/24/2024 | Date of signature on the Form 4 filing. |
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