Ames National (ATLO) director Patrick Hagan adds 100 shares in open-market buy

Rhea-AI Filing Summary

AMES NATIONAL CORP director Patrick G. Hagan made an open-market purchase of 100 shares of Common Stock at $27.65 per share. After this transaction, he directly holds 9,400 shares. This filing reflects a modest increase in his personal stake through a straightforward market buy.

Insider Trade Summary

Net Buyer: 100 shares ($2,765)

Net Buy 1 txn

Insider Hagan Patrick G

Role null

Bought 100 shs ($3K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	100	$27.65	$3K

Holdings After Transaction: Common Stock — 9,400 shares (Direct, null)

Footnotes (1)

Key Figures

Shares purchased: 100 shares Purchase price: $27.65 per share Shares owned after: 9,400 shares +1 more

4 metrics

Shares purchased 100 shares Open-market buy on May 12, 2026

Purchase price $27.65 per share Common Stock transaction

Shares owned after 9,400 shares Direct holdings following transaction

Net buy shares 100 shares Net buy direction in this Form 4

Key Terms

open-market purchase, Common Stock, direct ownership, Form 4

4 terms

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

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.

direct ownership financial

"ownership_type: direct"

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Hagan Patrick G

(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)
05/12/2026

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	05/12/2026		P		100	A	$27.65	9,400	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	05/12/2026
	** 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)

FAQ

What insider transaction did Ames National (ATLO) report for Patrick G. Hagan?

Ames National reported that director Patrick G. Hagan completed an open-market purchase of 100 shares of Common Stock. The shares were acquired in a single transaction and reflect a routine increase in his direct ownership position in the company.

At what price did Patrick G. Hagan buy Ames National (ATLO) shares?

Patrick G. Hagan purchased 100 shares of Ames National Common Stock at $27.65 per share. This was recorded as an open-market transaction, indicating he bought the shares on the market rather than through a grant or option exercise.

How many Ames National (ATLO) shares does Patrick G. Hagan now own after this Form 4?

Following the reported transaction, Patrick G. Hagan directly owns 9,400 shares of Ames National Common Stock. This updated holding reflects the addition of 100 shares acquired in the open-market purchase disclosed in the Form 4 filing.

Was the Ames National (ATLO) insider trade a buy or a sell?

The Ames National insider transaction by director Patrick G. Hagan was a buy. It is classified as an open-market purchase of 100 Common Stock shares, increasing his direct ownership position rather than reducing it through a sale.

Does the Ames National (ATLO) Form 4 involve any stock options or derivatives?

The Form 4 for Ames National shows only a non-derivative transaction in Common Stock. There are no listed option exercises or other derivative transactions, and the derivativeSummary section in the filing is empty for this reporting event.