LCNB CORP (LCNB) CEO buys 400 shares in open-market trade
Rhea-AI Filing Summary
LCNB CORP (LCNB) reported that CEO and director Eric J. Meilstrup purchased LCNB Corp Common Stock in the open market. On 2026-08-27 he bought 400 shares at an average price of $19.3415 per share, consisting of 371 shares at $19.34 and 29 shares at $19.36. Following this transaction, he directly holds 53,878 shares of LCNB common stock. The Rule 10b5-1 trading plan checkbox was not marked for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 400 shares
Net Buy
1 txn
Insider
Meilstrup Eric J
Role
CEO
Bought
400 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | LCNB Corp Common Stock F1 | 400 | $19.3415 | $8K |
Holdings After Transaction:
LCNB Corp Common Stock — 53,878 shares (Direct)
Footnotes (1)
- F1. 371 shares purchased at $19.34 29 shares purchased at $19.36
Key Figures
Shares purchased: 400 shares
Average purchase price: $19.3415 per share
Shares following transaction: 53,878 shares
+2 more
5 metrics
Shares purchased
400 shares
Non-derivative common stock purchased on 2026-08-27
Average purchase price
$19.3415 per share
Weighted-average price for 400 shares bought on 2026-08-27
Shares following transaction
53,878 shares
Direct holdings of Eric J. Meilstrup after the purchase
Lot at $19.34
371 shares
Portion of the reported purchase executed at $19.34 per share
Lot at $19.36
29 shares
Portion of the reported purchase executed at $19.36 per share
Key Terms
Rule 10b5-1, open market, non-derivative
3 terms
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading plan checkbox was not marked for this transaction."
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.
open market financial
"transaction_code_description: Purchase in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
non-derivative financial
"The filing classifies the common stock transaction as a non-derivative security."
FAQ
What insider transaction did LCNB (LCNB) report for Eric J. Meilstrup?
LCNB reported that CEO and director Eric J. Meilstrup purchased 400 shares of LCNB Corp Common Stock in an open-market transaction on 2026-08-27.
Was the LCNB (LCNB) insider purchase made under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 trading plan checkbox was left unchecked, indicating the transaction was not affirmatively reported as made under such a plan.
What type of security did Eric J. Meilstrup acquire in LCNB (LCNB)?
He acquired LCNB Corp Common Stock as a non-derivative security in an open-market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.