Ames National director buys 300 shares at $31.88

A director of Ames National Corp bought 300 ATLO shares on September 9, 2026, increasing his direct holdings to 3,879 shares.

Rhea-AI Filing Summary

AMES NATIONAL CORP (ATLO) director Jeffery C. Baker purchased common stock in the company. On September 9, 2026, he bought 300 shares of Ames National Corp common stock in an open‑market or private transaction at a price of $31.88 per share, bringing his directly held stake to 3,879 shares. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Net Buyer: 300 shares

Net Buy 1 txn

Insider Baker Jeffery C

Role Director

Bought 300 shs ($10K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	300	$31.88	$10K

Holdings After Transaction: Common Stock — 3,879 shares (Direct)

Key Figures

Shares purchased: 300 shares Purchase price per share: $31.88 per share Holdings after transaction: 3,879 shares

3 metrics

Shares purchased 300 shares Common stock bought by director on September 9, 2026

Purchase price per share $31.88 per share Price paid for Ames National Corp common stock on September 9, 2026

Holdings after transaction 3,879 shares Director’s directly held Ames National Corp common stock after the purchase

FAQ

What insider transaction did ATLO report for director Jeffery C. Baker?

Ames National Corp reported that director Jeffery C. Baker purchased 300 shares of common stock on September 9, 2026 in an open‑market or private transaction at $31.88 per share, increasing his directly held position to 3,879 shares.

Did the ATLO director transaction on September 9, 2026 involve a purchase or a sale?

The September 9, 2026 transaction by Ames National Corp director Jeffery C. Baker was a purchase of 300 shares of common stock at $31.88 per share, not a sale.

How many Ames National Corp (ATLO) shares does Jeffery C. Baker hold after this Form 4 transaction?

Following the September 9, 2026 purchase, director Jeffery C. Baker directly holds 3,879 shares of Ames National Corp common stock.

What price did the Ames National Corp (ATLO) director pay per share in the reported Form 4?

Director Jeffery C. Baker paid $31.88 per share for 300 shares of Ames National Corp common stock on September 9, 2026 in the reported transaction.

Was the September 9, 2026 ATLO insider trade made under a Rule 10b5-1 trading plan?

No. The filing states that no Rule 10b5-1 trading plan is reported for the September 9, 2026 purchase of 300 Ames National Corp shares by director Jeffery C. Baker.

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Available on EDGAR 09/10/2026 - 11:05 AM Accepted by SEC EDGAR 09/10/2026 - 11:04 AM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Baker Jeffery C

(Last) (First) (Middle)

PO BOX 846

(Street)

AMES IOWA 50010

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/09/2026		P		300	A	$31.88	3,879	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	John P Nelson by power of attorney	09/10/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)