Ames National (ATLO) director boosts holdings with 325-share buy

Rhea-AI Filing Summary

AMES NATIONAL CORP (ATLO) director Douglas W. Beals reported an open-market or private purchase of 325 shares of Common Stock on 2026-08-20 at $31.16 per share. Following this transaction, his directly held position increased to 3,275 Common Stock shares. The Rule 10b5-1 trading-plan checkbox was not marked for this transaction.

Insider Trade Summary

Net Buyer: 325 shares

Net Buy 1 txn

Insider Beals Douglas W

Role Director

Bought 325 shs ($10K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	325	$31.16	$10K

Holdings After Transaction: Common Stock — 3,275 shares (Direct)

Key Figures

Shares purchased: 325 shares of Common Stock Purchase price per share: $31.16 per share Shares owned after transaction: 3,275 shares of Common Stock

3 metrics

Shares purchased 325 shares of Common Stock Open-market or private purchase on 2026-08-20

Purchase price per share $31.16 per share Price for the 325-share Common Stock purchase

Shares owned after transaction 3,275 shares of Common Stock Direct holdings of Douglas W. Beals following the transaction

Key Terms

Common Stock, open market or private transaction, Rule 10b5-1

3 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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.

FAQ

What insider transaction in ATLO did Douglas W. Beals report?

Douglas W. Beals, a director of AMES NATIONAL CORP (ATLO), reported purchasing 325 shares of Common Stock in an open-market or private transaction on 2026-08-20 at a price of $31.16 per share.

How many ATLO shares does Douglas W. Beals hold after this Form 4 transaction?

After the reported transaction, Douglas W. Beals directly holds 3,275 shares of AMES NATIONAL CORP (ATLO) Common Stock, as disclosed in the Form 4 filing.

Was the ATLO insider trade by Douglas W. Beals under a Rule 10b5-1 plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox was not selected, so the reported ATLO share purchase was not affirmed as made under a Rule 10b5-1 trading plan.

What price did Douglas W. Beals pay per ATLO share in the reported purchase?

Douglas W. Beals paid $31.16 per share for AMES NATIONAL CORP (ATLO) Common Stock in the reported open-market or private purchase on 2026-08-20.

What is the nature of Douglas W. Beals’ ATLO share ownership after the Form 4?

The Form 4 identifies Douglas W. Beals’ post-transaction holdings of 3,275 ATLO shares as direct ownership of Common Stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/21/2026 - 02:23 PM Accepted by SEC EDGAR 08/21/2026 - 02:22 PM 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^*

Beals Douglas W

(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)
08/20/2026

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	08/20/2026		P		325	A	$31.16	3,275	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	08/21/2026
	** 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)