Director at Eagle Bancorp Montana (EBMT) sells 10,000 shares in open-market trade

Rhea-AI Filing Summary

Eagle Bancorp Montana, Inc. director Kenneth M. Walsh reported an open-market sale of 10,000 shares of Common Stock on May 8, 2026 at an average price of $22.8338 per share. The filing shows he now directly holds 82,260 shares after the transaction, which the footnote states was done to diversify retirement assets.

Insider Trade Summary

Net Seller: 10,000 shares ($228,338)

Net Sell 1 txn

Insider Walsh Kenneth M

Role null

Sold 10,000 shs ($228K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$22.8338	$228K

Holdings After Transaction: Common Stock — 82,260 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 10,000 shares Sale price: $22.8338 per share Transaction value: $228,338 +3 more

6 metrics

Shares sold 10,000 shares Open-market sale on May 8, 2026

Sale price $22.8338 per share Average transaction price for the sale

Transaction value $228,338 Approximate value of 10,000 shares sold at $22.8338

Shares held after 82,260 shares Direct ownership after the transaction

Transaction code S Open-market or private sale of non-derivative securities

Net share change 10,000 shares sold Net-sell direction in transaction summary

Key Terms

Common Stock, open-market sale, Form 4, transaction code "S", +1 more

5 terms

Common Stock financial

"10,000 shares of Common Stock sold in an open-market transaction"

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 sale financial

"The transaction is described as an open-market sale of shares"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

"The transaction was reported on a Form 4 insider filing"

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.

transaction code "S" regulatory

"The filing uses transaction code "S" for the sale"

retirement assets financial

"Footnote states shares were sold to diversify retirement assets"

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^*

Walsh Kenneth M

(Last) (First) (Middle)

1400 PROSPECT AVENUE

(Street)

HELENA MONTANA 59601

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Eagle Bancorp Montana, Inc. [ EBMT ]

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)
05/08/2026

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	05/08/2026		S		10,000(1)	D	$22.8338	82,260	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. Shares sold to diversify retirement assets.

	/s/ Kenneth M. Walsh	05/08/2026
	** 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 Eagle Bancorp Montana (EBMT) report?

Eagle Bancorp Montana reported that director Kenneth M. Walsh sold 10,000 shares of Common Stock in an open-market transaction. The trade was reported on a Form 4 insider filing and reflects a routine portfolio move rather than a company-level financial event.

At what price did Kenneth M. Walsh sell Eagle Bancorp Montana shares?

Kenneth M. Walsh sold 10,000 Eagle Bancorp Montana shares at an average price of $22.8338 per share. This sets the disclosed transaction value and provides a reference point for the size of the sale relative to his remaining share ownership.

How many Eagle Bancorp Montana shares does Kenneth M. Walsh hold after the sale?

After the reported sale, Kenneth M. Walsh directly holds 82,260 shares of Eagle Bancorp Montana Common Stock. This post-transaction balance, disclosed in the Form 4, helps investors gauge the scale of the sale relative to his continuing ownership stake.

What was the stated reason for Kenneth M. Walsh’s share sale in EBMT?

The Form 4 footnote explains that the shares were sold to diversify retirement assets. This indicates the transaction was motivated by personal portfolio considerations rather than any disclosed change in Eagle Bancorp Montana’s business operations or financial performance.

Was the Eagle Bancorp Montana Form 4 sale an open-market transaction?

Yes. The Form 4 identifies the transaction with code “S” and describes it as an open-market sale. This means the 10,000 shares of Common Stock were sold through regular market trading rather than via a private agreement or derivative exercise.