[Form 4] Auburn National Bancorporation Insider Trading Activity

Rhea-AI Filing Summary

On 07/24/2025, Senior Vice President Shannon O’Donnell filed a Form 4 reporting the grant of 387 restricted stock units (RSUs) in Auburn National Bancorporation (AUBN) common stock at an assigned price of $28.34 per share under the company’s 2024 Equity and Incentive Compensation Plan. The RSUs will vest on 03/10/2026. After the transaction, O’Donnell’s direct beneficial ownership increases to 1,899 shares.

No shares were sold and no derivative trades were executed beyond the RSU award, indicating this is routine equity compensation rather than an open-market purchase. While small in absolute terms, the additional stock modestly tightens insider alignment with shareholder interests.

• Date executed: 07/24/2025 (reported 07/28/2025)
• Security type: AUBN common stock, par value $0.10
• Ownership form: Direct
• Reporting person capacity: Officer – Senior Vice President

Positive

• 387 RSUs granted to Senior VP increases direct ownership to 1,899 shares, modestly strengthening management–shareholder alignment.
• RSUs vest over time (03/10/2026), encouraging executive retention and long-term performance focus.

Negative

• The award is a routine compensation grant rather than an open-market purchase, limiting its signaling value.
• Even after the grant, the total holding remains small for a senior officer, so alignment improvement is marginal.

Insights

Securities Analyst

TL;DR: Routine RSU grant; minimal financial impact, mildly positive for alignment.

The filing discloses a standard-sized equity award—387 RSUs worth roughly $11k—to a senior officer. No cash outlay or open-market signal is involved, so trading-signal value is limited. Post-grant holdings of 1,899 shares remain small but increase vested interest in future performance. Given AUBN’s modest market cap, the transaction is immaterial to valuation yet confirms the company continues to use stock-based compensation to retain leadership talent.

Corporate Governance Expert

TL;DR: Standard incentive award under 2024 plan; supports pay-for-performance structure.

Issuing RSUs that vest in 2026 encourages retention and performance over the next fiscal year. The absence of accelerated vesting clauses and the direct holding designation are governance positives. However, the stake is still below typical ownership guidelines for senior executives, so alignment improvement is incremental rather than transformational.

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).

1. Name and Address of Reporting Person^*

O'DONNELL SHANNON

(Last) (First) (Middle)

P. O. BOX 3110

(Street)

AUBURN AL 36831-3110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AUBURN NATIONAL BANCORPORATION, INC [ AUBN ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2025

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

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

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

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, par value $0.1	07/24/2025	07/24/2025	A		387(1)	A	$28.34	1,899	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:

1. Restricted Stock Unit granted in accordance with the Company's 2024 Equity and Incentive Compensation Plan. These awards vest on March 10, 2026.

	/s/ Shannon O'Donnell	07/28/2025
	** 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.

FAQ

What did AUBN insider Shannon O'Donnell acquire?

She received 387 restricted stock units of Auburn National Bancorporation common stock.

At what price were the RSUs valued?

The Form 4 lists an assigned price of $28.34 per share.

How many AUBN shares does O'Donnell own after the transaction?

Her direct beneficial ownership totals 1,899 shares following the grant.

When will the newly awarded RSUs vest?

The RSUs are scheduled to vest on March 10, 2026.

Was this an open-market purchase?

No. The filing indicates a restricted stock unit grant, not an open-market buy.