Director Samuel Waters sells EBMT stock to diversify retirement assets

Rhea-AI Filing Summary

Eagle Bancorp Montana, Inc. director Samuel Waters reported an open-market sale of common stock. Waters sold 2,100 shares of Eagle Bancorp Montana common stock at a price of $22.48 per share. After this transaction, he directly holds 31,534 shares. A footnote states the shares were sold to diversify retirement assets, indicating a personal portfolio-management motive rather than a change in corporate outlook.

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

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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^*

Waters Samuel

(Last) (First) (Middle)

C/O EAGLE BANCORP MONTANA, INC.,

1400 PROSPECT AVE

(Street)

HELENA MT 59601

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		S		2,100(1)	D	$22.48	31,534	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/ Samuel D Waters	02/23/2026
	** 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.

FAQ

What insider transaction did Eagle Bancorp Montana (EBMT) report on this Form 4?

Eagle Bancorp Montana reported that director Samuel Waters sold 2,100 shares of common stock. The sale was an open-market transaction at a price of $22.48 per share, as disclosed in the insider trading report.

At what price did Samuel Waters sell EBMT shares and how many?

Samuel Waters sold 2,100 Eagle Bancorp Montana shares at $22.48 each. The transaction was classified as a non-derivative open-market sale, indicating a straightforward stock sale rather than an option or derivative exercise.

How many Eagle Bancorp Montana (EBMT) shares does Samuel Waters own after the sale?

After the sale, Samuel Waters directly owns 31,534 shares of Eagle Bancorp Montana common stock. This remaining position reflects his ongoing equity stake as a director following the reported open-market transaction.

What reason was given for Samuel Waters’ EBMT stock sale?

A footnote states the shares were sold to diversify retirement assets. This indicates the transaction was motivated by personal financial planning rather than any disclosed change in Eagle Bancorp Montana’s business or strategic direction.

Is the EBMT insider transaction categorized as a buy or sell?

The transaction is categorized as a sell. The Form 4 lists transaction code “S” and describes it as an open-market sale of non-derivative common stock, with 2,100 shares sold and no reported purchase transactions.

Who is the insider involved in the EBMT Form 4 filing and what is his role?

The insider is Samuel Waters, identified as a director of Eagle Bancorp Montana, Inc. The Form 4 indicates he is not listed as an officer or ten-percent owner, but he holds a direct ownership position in the company’s common stock.