[Form 4] Glen Burnie Bancorp Insider Trading Activity

Rhea-AI Filing Summary

Glen Burnie Bancorp (GLBZ) – Form 4 insider transaction: President & CEO Mark C. Hanna purchased 3,000 common shares of the bank on 13 June 2025 at an average price of $4.76 per share. Following this open-market buy (coded “P”), Mr. Hanna’s direct ownership increased to 16,570 shares. No derivative transactions were reported and no other officers or directors were listed. The filing was signed on 23 June 2025.

The transaction is modest in size (≈ $14k) but signals insider confidence as the CEO and a director adds to his personal stake. No sales, option exercises, or 10b5-1 plan notations were disclosed.

Positive

• CEO insider purchase: Mark C. Hanna bought 3,000 shares, indicating personal confidence and better alignment with shareholders.

Negative

• None.

Insights

Securities Analyst

TL;DR: CEO’s $14k stock purchase is directionally positive but small, suggesting confidence without materially changing ownership.

The open-market acquisition by President & CEO Mark Hanna marginally boosts insider alignment. A purchase transaction (Code P) generally indicates management’s positive outlook, especially when done outside of a pre-set 10b5-1 plan. However, the dollar value (< $15 k) represents a limited commitment and raises the question of materiality relative to both executive compensation and Glen Burnie Bancorp’s market capitalization. No other insiders participated, and no derivative grants were involved. Overall, this filing is a mildly positive, low-impact datapoint rather than a catalyst.

Corporate Governance Expert

TL;DR: Insider buy strengthens governance optics; impact muted by small size.

From a governance standpoint, insider buying—especially by the CEO—tends to align managerial and shareholder interests. The absence of sales and the direct ownership structure reinforce transparency. Yet, with only 3,000 shares added, Mr. Hanna’s total position remains modest. Investors should monitor whether additional purchases follow or if other board members echo this confidence.

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^*

Hanna Mark Christopher

(Last) (First) (Middle)

101 CRAIN HIGHWAY, S.E.

(Street)

GLEN BURNIE MD 21061

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLEN BURNIE BANCORP [ GLBZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
06/13/2025

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	06/13/2025		P		3,000	A	$4.76	16,570	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:

	/s/ Mark C. Hanna	06/23/2025
	** 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

How many GLBZ shares did the CEO purchase?

He bought 3,000 common shares on 13 June 2025.

What price did Mark C. Hanna pay per share?

The reported purchase price was $4.76 per share.

What is the CEO’s total direct ownership after the transaction?

Following the purchase, he directly owns 16,570 GLBZ shares.

Was the transaction part of a 10b5-1 trading plan?

The Form 4 does not indicate that the trade was made under a Rule 10b5-1 plan.

Were any derivative securities involved in this Form 4 filing?

No; the filing reports no derivative security transactions.