HAM WILLIAM F JR 4
Research Summary
AI-generated summary
AUBN Director William F. Ham Jr Buys Shares via Open-Market/DRIP
What Happened
- William F. Ham Jr, a director of Auburn National Bancorporation (AUBN), bought a total of 57 shares on 2026-07-02. He purchased 47 shares at $26.90 ($1,264) and 10 shares at $26.01 ($260), for an aggregate cost of $1,524.
- These were reported as purchases (transaction code P), indicating share accumulation rather than a sale. The filing notes "DRIP/OCP," suggesting the purchases were made through a dividend reinvestment plan or similar cash purchase process.
Key Details
- Transaction dates/prices: 2026-07-02 — 47 shares @ $26.90; 10 shares @ $26.01.
- Total value: $1,524.
- Shares owned after transaction: not specified in the provided filing summary.
- Remark on filing: "DRIP/OCP" (dividend reinvestment plan / open cash purchase). No indication the filing was late; report and filing date are both 2026-07-02.
- Transaction code: P = Purchase.
Context
- DRIP purchases are often routine ways for insiders to reinvest dividends and accumulate small amounts of stock over time; the trade size here is modest.
- Purchases can be interpreted by investors as a mild positive signal, but small periodic DRIP buys are common and do not necessarily reflect a major change in insider conviction.