Barrett J Tutt 4
4 · AUBURN NATIONAL BANCORPORATION, INC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Auburn National (AUBN) Director Barrett J. Tutt Buys Shares
What Happened
Barrett J. Tutt, a director of Auburn National Bancorporation, purchased a total of 74 shares on 2026-07-02 in two open-market/plan transactions. He acquired 51 shares at $26.90 ($1,372) and 23 shares at $26.01 ($598), for a combined cost of $1,970. These were purchases (transaction code P), which are generally considered a more bullish signal than sales but, given the small dollar amount, may reflect routine plan activity.
Key Details
- Transaction date: 2026-07-02 (both trades)
- Trades: 51 shares @ $26.90 = $1,372; 23 shares @ $26.01 = $598; total 74 shares = $1,970
- Transaction type/code: Open market or private purchase (P) — filing remark: "DRIP/OCP"
- DRIP/OCP note: indicates shares were acquired via the company’s dividend reinvestment/optional cash purchase mechanism or similar plan-based purchase
- Shares owned after transaction: not specified in the provided filing
- Filing timeliness: report filed on 2026-07-02 (no late filing indicated)
Context
Small purchases tied to DRIP or plan purchases are common for directors and often reflect automatic reinvestment of dividends rather than a discrete market-timing decision. For retail investors, note the purchase shows insider buying but is modest in size; avoid over-interpreting a single small transaction as a strong signal of future performance.
Insider Transaction Report
- Purchase
common stock, par value $0.1
2026-07-02$26.90/sh+51$1,372→ 9,250 total - Purchase
common stock, par value $0.1
2026-07-02$26.01/sh+23$598→ 9,273 total
- 8,744(indirect: By Spouse)
common stock, par value $0.01