Form 4: United Bancorp Director Gary W. Glessner Reports Stock Sale
SEC Form 4 Filing
Gary W. Glessner, a director of United Bancorp, Inc., reported selling 5,000 shares of common stock at $11.99 per share on March 14, 2024.
Summary
- On March 14, 2024, Gary W. Glessner, a director of United Bancorp, Inc., sold 5,000 shares of the company's common stock.
- The sale price was $11.99 per share.
- Following the transaction, Glessner directly owns 90,460 shares of United Bancorp, Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale by a director may be interpreted in various ways by the market, but without additional context, it's difficult to assess the specific implications.
Stakeholder Impact
- Shareholders may react to the director's stock sale, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock sale transaction |
| 03/15/2024 | Date of signature on the report |
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