Ohio Valley Banc Corp (OVBC) bank and ESOP report passive share ownership
Rhea-AI Filing Summary
Ohio Valley Banc Corp received an amended Schedule 13G filing reporting that affiliated entities, including Ohio Valley Bank Company and the Ohio Valley Banc Corp. Employees' Stock Ownership Plan and Trust, beneficially own a minority portion of the company’s common stock. The filing classifies the reporting entities as a bank and an employee benefit plan and states that the shares were acquired and are held in the ordinary course of business. It also certifies that the holdings are not intended to change or influence control of Ohio Valley Banc Corp.
Positive
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Negative
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