Ames National (ATLO) bank president lifts stake to 7,848 shares
Rhea-AI Filing Summary
Richard Schreier, identified as President of a subsidiary bank of Ames National Corp, purchased 316 shares of ATLO common stock on 2026-08-14 in an open market or private transaction at $31.60 per share. Following this purchase, he directly holds 7,848 common shares of Ames National Corp. The Rule 10b5-1 checkbox was not marked as a trading plan for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 316 shares
Net Buy
1 txn
Insider
Schreier Richard
Role
Insider
Bought
316 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 316 | $31.60 | $10K |
Holdings After Transaction:
Common Stock — 7,848 shares (Direct)
Key Figures
Shares Purchased: 316 shares
Purchase Price: $31.60 per share
Shares Held After Transaction: 7,848 shares
3 metrics
Shares Purchased
316 shares
Common stock purchase on 2026-08-14
Purchase Price
$31.60 per share
Price for the 316-share common stock purchase
Shares Held After Transaction
7,848 shares
Direct ownership of Ames National Corp common stock after the trade
Key Terms
open market or private transaction, Rule 10b5-1, Form 4
3 terms
open market or private transaction financial
"transaction code description: Purchase in open market or private transaction"
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Ames National Corp (ATLO) report for Richard Schreier?
Ames National Corp reported that Richard Schreier purchased 316 shares of ATLO common stock. The transaction occurred on 2026-08-14 in an open market or private transaction at $31.60 per share.
Was Richard Schreier’s Ames National Corp (ATLO) trade under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not checked, so the transaction was not reported as made under a Rule 10b5-1 trading plan. It is disclosed simply as a purchase transaction.
Is Richard Schreier a director or 10% owner of Ames National Corp (ATLO)?
The Form 4 lists Richard Schreier as not a director and not a 10% owner of Ames National Corp. He is identified instead as the President of a subsidiary bank associated with the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.