Oak Valley Bancorp (OVLY) director adds shares in 10b5-1 open-market buy

Rhea-AI Filing Summary

Oak Valley Bancorp director Leonard Daniel J reported an open-market purchase of Common Stock. On April 29, 2026, he bought 375 shares at $33.00 per share, a total of $12,375. Following this transaction, he directly owns 62,598 shares of Oak Valley Bancorp. The filing notes that the trade was executed under a Rule 10b5-1 purchase plan adopted on April 28, 2026, indicating it was pre-planned rather than a discretionary market-timing decision.

Insider Trade Summary 10b5-1

Net Buyer: 375 shares ($12,375)

Net Buy 1 txn

Insider Leonard Daniel J

Role null

Bought 375 shs ($12K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	375	$33.00	$12K

Holdings After Transaction: Common Stock — 62,598 shares (Direct, null)

Footnotes (1)

1. Transactions executed in accordance with 10b5-1 purchase plan Adoption date of referenced 10b5-1(c) plan is: 04-28-2026

Key Figures

Director purchase size: 375 shares Purchase price per share: $33.00/share Transaction value: $12,375 +2 more

5 metrics

Director purchase size 375 shares Open-market buy on April 29, 2026

Purchase price per share $33.00/share Common Stock transaction price

Transaction value $12,375 375 shares at $33.00 in open-market purchase

Shares owned after transaction 62,598 shares Director’s direct Common Stock holdings post-trade

Net buy shares 375 shares Net-buy direction in this Form 4

Key Terms

Common Stock, open-market purchase, Rule 10b5-1, Form 4

4 terms

Common Stock financial

"he bought 375 shares at $33.00 per share of Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

open-market purchase financial

"he bought 375 shares at $33.00 per share, an open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Rule 10b5-1 regulatory

"trade was executed under a Rule 10b5-1 purchase plan"

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.

Form 4 regulatory

"according to the Form 4 disclosure details"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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).

X

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^*

Leonard Daniel J

(Last) (First) (Middle)

125 NORTH THIRD AVENUE

(Street)

OAKDALE CALIFORNIA 95361

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Oak Valley Bancorp [ OVLY ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/29/2026(1)		P		375(2)	A	$33	62,598	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:

1. Transactions executed in accordance with 10b5-1 purchase plan

2. Adoption date of referenced 10b5-1(c) plan is: 04-28-2026

	/s/ Dan Leonard	04/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Oak Valley Bancorp (OVLY) disclose in this Form 4?

Oak Valley Bancorp disclosed that director Leonard Daniel J completed an open-market purchase of 375 shares of Common Stock at $33.00 per share. This routine insider buy modestly increases his direct holdings and is documented as a standard ownership update for investors.

How many Oak Valley Bancorp (OVLY) shares does the director own after the reported trade?

After the reported purchase, director Leonard Daniel J holds 62,598 shares of Oak Valley Bancorp Common Stock. This figure reflects his direct ownership position immediately following the 375-share open-market buy at $33.00 per share on April 29, 2026, under a pre-established trading plan.

What price did the Oak Valley Bancorp (OVLY) director pay per share in this transaction?

The director paid $33.00 per share for 375 Oak Valley Bancorp Common Stock shares. This open-market purchase totaled $12,375 and was executed on April 29, 2026, as part of a Rule 10b5-1 trading plan, according to the Form 4 disclosure details.

Was the Oak Valley Bancorp (OVLY) insider trade made under a Rule 10b5-1 plan?

Yes. The Form 4 states the transactions were executed under a Rule 10b5-1 purchase plan adopted on April 28, 2026. Such pre-arranged plans schedule trades in advance, helping separate routine portfolio moves from discretionary, market-timing decisions by insiders like directors.

Is the Oak Valley Bancorp (OVLY) Form 4 transaction a buy or a sale?

The Form 4 reports an insider buy transaction, specifically an open-market purchase coded as “P.” Director Leonard Daniel J acquired 375 shares of Common Stock at $33.00 per share, modestly increasing his direct stake to 62,598 shares after the trade was completed.

How large is the Oak Valley Bancorp (OVLY) director’s new purchase compared with his total holdings?

The director bought 375 shares compared with post-transaction holdings of 62,598 shares. This is a relatively small addition to his position, indicating a routine incremental purchase rather than a large shift in exposure, as reflected in the net-buy summary within the Form 4.