Citizens Community Bancorp director buys 1,000 shares
Citizens Community Bancorp Inc. director Francis E. Felber reported an open-market purchase of 1,000 shares of common stock at $20.60 per share.
Rhea-AI Filing Summary
Citizens Community Bancorp Inc. director Francis E. Felber reported an open-market purchase of 1,000 shares of common stock at $20.60 per share. After this trade, he holds 20,950 shares directly, with additional indirect holdings through Ag Risk Managers LLC and a self-directed IRA.
The filing notes that shares in the self-directed IRA are reported as indirect ownership and that Felber disclaims beneficial ownership of certain securities beyond his pecuniary interest, a standard legal clarification for Section 16 reporting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
3 txns
Insider
FELBER FRANCIS E
Role
Director
Bought
1,000 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 per share | 1,000 | $20.60 | $21K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 20,950 shares (Direct);
Common Stock, par value $0.01 per share — 12,690 shares (Indirect, By IRA);
Common Stock, par value $0.01 per share — 7,690 shares (Indirect, By Ag Risk Managers LLC)
Footnotes (2)
- F1. These shares are held in the reporting person's self-directed IRA.
- F2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Key Figures
Shares purchased: 1,000 shares
Purchase price: $20.60 per share
Direct holdings after transaction: 20,950 shares
+3 more
6 metrics
Shares purchased
1,000 shares
Open-market purchase of common stock
Purchase price
$20.60 per share
Price for 1,000-share open-market buy
Direct holdings after transaction
20,950 shares
Common stock held directly by Felber after trade
Indirect LLC holdings
7,690 shares
Common stock held indirectly via Ag Risk Managers LLC
Indirect IRA holdings
12,690 shares
Common stock held in self-directed IRA
Net buy shares
1,000 shares
Net change in buy/sell activity in this filing
Key Terms
open-market purchase, self-directed IRA, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of common stock"
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.
self-directed IRA financial
"These shares are held in the reporting person's self-directed IRA."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CZWI director Francis E. Felber report?
Francis E. Felber reported buying 1,000 shares of Citizens Community Bancorp common stock in an open-market transaction at $20.60 per share. This Form 4 filing reflects a net purchase, increasing his directly held CZWI share position.
What indirect CZWI holdings does Francis E. Felber report?
The filing lists indirect ownership of Citizens Community Bancorp shares through Ag Risk Managers LLC and through Felber’s self-directed IRA. One entry shows 7,690 shares via Ag Risk Managers LLC and another shows 12,690 shares in the IRA, in addition to his direct holdings.
What does the beneficial ownership disclaimer mean in Felber’s CZWI filing?
The filing states Felber disclaims beneficial ownership of certain reported securities except for his pecuniary interest. This standard Section 16 language clarifies that some shares, such as those in his self-directed IRA or entities, may not be fully controlled or economically owned by him personally.
AI-generated analysis. How Rhea-AI works. Not financial advice.
