GLBZ insider Felton Magee reports 1,000-share common stock purchase
Rhea-AI Filing Summary
Glen Burnie Bancorp director reports open-market stock purchase
A director of Glen Burnie Bancorp (GLBZ), Felton Magee, reported buying 1,000 shares of common stock on 11/14/2025 at a price of $4.79 per share. After this transaction, he beneficially owned 1,100 shares in total. Of these, 1,000 shares are held directly, while an additional 100 shares are held indirectly through an entity wholly owned by him. This filing is a routine Form 4 disclosure of insider trading activity required under U.S. securities rules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Small Acquisition | Common Stock | 1,000 | $4.79 | $5K |
Footnotes (1)
- F1. 100 shares are owned indirectly through an entity wholly-owned by the Reporting Person.
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FAQ
What insider transaction did GLBZ disclose in this Form 4?
The filing reports that director Felton Magee purchased 1,000 shares of Glen Burnie Bancorp (GLBZ) common stock on 11/14/2025 at $4.79 per share.
What portion of Felton Magee’s GLBZ holdings are direct vs. indirect?
Felton Magee holds 1,000 GLBZ shares directly and 100 shares indirectly through an entity that he wholly owns.
What is the relationship of the reporting person to Glen Burnie Bancorp (GLBZ)?
Felton Magee is identified in the filing as a Director of Glen Burnie Bancorp (GLBZ).
Is this GLBZ Form 4 filed for one or multiple reporting persons?
The Form 4 is indicated as being filed by one reporting person, namely director Felton Magee.