First Northern Community Bancorp (FNRN) director sells 3,232 common shares
Rhea-AI Filing Summary
First Northern Community Bancorp director Mark C. Schulze reported two open-market sales of common stock. He sold 3,000 shares on August 4, 2026 at a weighted average price of $18.4036 per share, with trade prices ranging from $18.40 to $18.425, and 232 shares on August 5, 2026 at $18.30 per share, for total reported sales of 3,232 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,232 shares
Net Sell
2 txns
Insider
Schulze Mark C
Role
Director
Sold
3,232 shs ($59K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 232 | $18.30 | $4K |
| Sale | Common F1 | 3,000 | $18.4036 | $55K |
Holdings After Transaction:
Common — 736,689 shares (Direct)
Footnotes (1)
- F1. The price shown in column 4 is a weighted average price. The trade prices ranged from $18.40 to $18.425. Detailed price listing available upon request.
Key Figures
Total shares sold: 3,232 shares
Shares sold on 2026-08-04: 3,000 shares
Weighted average price on 2026-08-04: $18.4036 per share
+3 more
6 metrics
Total shares sold
3,232 shares
Aggregate of reported sales on August 4 and 5, 2026
Shares sold on 2026-08-04
3,000 shares
Open-market or private sale of common stock
Weighted average price on 2026-08-04
$18.4036 per share
Weighted average with trade prices from $18.40 to $18.425
Price range on 2026-08-04
$18.40–$18.425 per share
Footnote-stated trade price range for 3,000-share sale
Shares sold on 2026-08-05
232 shares
Open-market or private sale of common stock
Sale price on 2026-08-05
$18.30 per share
Per-share price for 232-share sale of common stock
Key Terms
weighted average price, open market or private transaction, Rule 10b5-1
3 terms
weighted average price financial
"The price shown in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Rule 10b5-1 regulatory
"Rule 10b5-1 trading plan checkbox was not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FNRN director Mark C. Schulze report?
Mark C. Schulze reported two sales totaling 3,232 shares of First Northern Community Bancorp common stock. The transactions occurred on August 4 and 5, 2026, and were reported as open-market or private sales.
What type of security did FNRN director Schulze sell?
Schulze sold shares of Common stock of First Northern Community Bancorp. Both transactions were reported as non-derivative open-market or private sales, directly owned, with no derivative exercises or option conversions disclosed.