Form 4: United Bancorp Director Glessner Increases Stake with $13.62 Purchase
SEC Form 4 Filing
Gary W. Glessner, a director at United Bancorp, recently acquired 3,497 shares of common stock at $13.62 per share, increasing his total holdings to 100,529 shares.
Summary
- On May 22, 2025, Gary W. Glessner, a director of United Bancorp INC /OH/, purchased 3,497 shares of the company's common stock.
- The purchase price was $13.62 per share.
- Following this transaction, Glessner directly owns 100,529 shares of United Bancorp.
Sentiment
Score: 7
Explanation: Insider buying is generally viewed positively, suggesting confidence in the company's prospects. However, the transaction is relatively small, so the impact is moderate.
Positives
- A director increasing their stake in the company can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider buying is often viewed as a positive sign, suggesting that those with the most knowledge of the company believe its stock is undervalued or poised for growth. It's a common metric tracked by investors.
Stakeholder Impact
- Shareholders may view the director's purchase as a positive signal.
- The purchase has a negligible impact on employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 05/22/2025 | Date of transaction: Gary W. Glessner purchased shares of UBCP. |
| 05/23/2025 | Signature date of the Form 4 filing. |
Keywords
UBCP, Director, Stock Purchase, Common Stock, Beneficial Ownership, Form 4, United Bancorp
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