GCBC (GCBC) director Michelle Plummer sells 10,000 Greene County Bancorp shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GREENE COUNTY BANCORP INC director Michelle M. Plummer reported an open-market sale of common stock. She sold 10,000 shares on June 11, 2026 at a weighted average price of $28.77 per share, with individual trade prices ranging from $28.58 to $29.34.
Following the sale, Plummer directly owned 99,560 common shares. She also reported an indirect holding of 50,327 common shares through an ESOP, which reflects plan-related beneficial ownership rather than a new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($287,700)
Net Sell
2 txns
Insider
PLUMMER MICHELLE M
Role
null
Sold
10,000 shs ($288K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $28.77 | $288K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 99,560 shares (Direct, null);
Common Stock — 50,327 shares (Indirect, By ESOP)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $28.77/share
Sale price range: $28.58–$29.34/share
+2 more
5 metrics
Shares sold
10,000 shares
Open-market sale on June 11, 2026
Weighted average sale price
$28.77/share
Open-market sale of 10,000 shares
Sale price range
$28.58–$29.34/share
Multiple trades included in weighted average
Direct holdings after sale
99,560 shares
Common stock directly owned post-transaction
Indirect ESOP holdings
50,327 shares
Common stock held indirectly by ESOP
Key Terms
open-market sale, weighted average price, ESOP, indirect ownership
4 terms
open-market sale financial
"transaction_action": "open-market sale""
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.
weighted average price financial
"The price covered 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.
ESOP financial
"nature_of_ownership": "By ESOP""
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
indirect ownership financial
"ownership_type": "indirect""
FAQ
What insider transaction did GCBC director Michelle Plummer report?
Michelle M. Plummer reported selling 10,000 shares of Greene County Bancorp common stock. The sale occurred on June 11, 2026, as an open-market transaction at a weighted average price of $28.77 per share, with prices ranging between $28.58 and $29.34.