Ames National (ATLO) insider Michael P. Carr reports share holdings

Rhea-AI Filing Summary

Ames National Corp insider Michael P. Carr, identified as the president of a subsidiary bank, filed an initial statement of beneficial ownership of the company’s common stock. The filing shows indirect ownership of 766 shares of common stock through a Michael P Carr Roth IRA, and direct ownership entries of 449 shares and 877 shares of common stock. This Form 3 establishes Carr’s reportable holdings in Ames National Corp as of January 22, 2026, without indicating any recent purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Carr Michael P

(Last) (First) (Middle)

323 6TH STREET

(Street)

AMES IA 50010

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/22/2026

3. Issuer Name and Ticker or Trading Symbol
AMES NATIONAL CORP [ ATLO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			President of subsidiary bank

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	766	I	Michael P Carr Roth IRA
Common Stock	449	D
Common Stock	877	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Michael P Carr	01/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Ames National Corp (ATLO) Form 3 filing show for Michael P. Carr?

The Form 3 filing shows that Michael P. Carr, president of a subsidiary bank of Ames National Corp, reported beneficial ownership of the company’s common stock, including both direct and indirect holdings as of January 22, 2026.

How many Ames National Corp (ATLO) shares does Michael P. Carr hold indirectly?

Michael P. Carr reports 766 shares of Ames National Corp common stock held indirectly through a Michael P Carr Roth IRA, classified as indirect ownership.

What direct share holdings of Ames National Corp (ATLO) are reported for Michael P. Carr?

The Form 3 lists two direct beneficial ownership entries for common stock: one for 449 shares and another for 877 shares, both classified as directly owned by Michael P. Carr.

What is Michael P. Carr’s relationship to Ames National Corp (ATLO)?

Michael P. Carr is identified in the filing as President of a subsidiary bank of Ames National Corp, rather than as a director or 10% owner of the parent company.

Does this Ames National Corp (ATLO) Form 3 indicate any recent insider trades by Michael P. Carr?

No specific purchase or sale transactions are listed. The entries are labeled as holdings, meaning the filing records Michael P. Carr’s beneficial ownership positions as of January 22, 2026 rather than changes from trades.

Why is Michael P. Carr’s Roth IRA mentioned in the Ames National Corp (ATLO) Form 3?

The Michael P Carr Roth IRA is named to show that 766 shares of Ames National Corp common stock are held indirectly through that retirement account, clarifying the nature of his beneficial ownership.