Michael Seth Isaac 4
Research Summary
AI-generated summary
Ohio Valley Banc (OVBC) Director Michael Isaac Buys 72.644 Shares
What Happened
- Michael Seth Isaac, a director of Ohio Valley Banc Corp (OVBC), acquired a total of 72.644 shares on Feb 13, 2026. The purchases break down as 69.365 shares at $42.81 each ($2,970) and 3.279 shares at $42.81 each ($140), for a combined cost of about $3,110. These transactions are acquisitions (net purchases).
Key Details
- Transaction date: 2026-02-13
- Transaction codes: P (purchase) — 69.365 shares @ $42.81; J (other acquisition) — 3.279 shares @ $42.81
- Total shares acquired: 72.644; total reported cost: ~$3,110
- Footnotes: F1 indicates the purchase was voluntary cash for a dividend reinvestment plan (DRIP); F2 notes the ending balance differs from previously reported amounts due to shares acquired under the DRIP
- Shares owned after the transaction: not specified in the reported Form 4
- Filing timeliness: Report filed on 2026-02-13 (same date as the transactions); no late filing indicated
Context
- The filings show these were DRIP-related acquisitions (reinvesting dividends or voluntary cash into shares) rather than a large open-market purchase; DRIP activity often reflects dividend reinvestment choices rather than a new trading signal. The dollar amount is modest (~$3.1k), so this is a routine insider reinvestment rather than a material stake change.