Auburn National (NASDAQ: AUBN) director adds 53 shares in open-market buys
Rhea-AI Filing Summary
AUBURN NATIONAL BANCORPORATION, INC director David E. Housel reported buying additional company stock in the open market. He made two purchases of common stock totaling 53 shares.
The transactions were open-market purchases at prices of $26.01 and $26.90 per share, representing a small net increase in his direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 53 shares ($1,411)
Net Buy
2 txns
Insider
HOUSEL DAVID E
Role
Director
Bought
53 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | common stock, par value $0.1 | 37 | $26.90 | $995.30 |
| Purchase | common stock, par value $0.1 | 16 | $26.01 | $416.16 |
Holdings After Transaction:
common stock, par value $0.1 — 9,301 shares (Direct)
Footnotes (1)
Key Figures
Total shares purchased: 53 shares
First lot purchased: 16 shares at $26.01
Second lot purchased: 37 shares at $26.90
+1 more
4 metrics
Total shares purchased
53 shares
Sum of two open-market buys reported
First lot purchased
16 shares at $26.01
Common stock open-market purchase
Second lot purchased
37 shares at $26.90
Common stock open-market purchase
Net buy direction
53-share net buy
No sales, gifts, or exercises reported
Key Terms
open-market purchase, common stock, par value $0.1, Form 4
3 terms
open-market purchase financial
"transaction_action: "open-market purchase" for each transaction"
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, par value $0.1 financial
"security_title: "common stock, par value $0.1""
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did AUBURN NATIONAL BANCORPORATION (AUBN) report?
AUBURN NATIONAL BANCORPORATION reported that director David E. Housel bought additional common shares. He executed two open-market purchases totaling 53 shares, indicating a modest increase in his direct ownership position in the bank’s stock.
What type of transactions were reported in the AUBN Form 4 filing?
The filing reports two non-derivative transactions in AUBN common stock, both coded “P” for purchase. Each is described as an open-market purchase, meaning the director bought the shares directly in the market rather than receiving them as compensation or through options.
Does the AUBN Form 4 show net buying or selling by the insider?
The Form 4 shows net buying by the insider. The transaction summary reports two buy transactions totaling 53 shares, with no sales, gifts, tax withholdings, or derivative exercises disclosed in this filing for AUBURN NATIONAL BANCORPORATION.