O'DONNELL SHANNON 4
Research Summary
AI-generated summary
Auburn National (AUBN) SVP Shannon O'Donnell Buys 27 Shares
What Happened Shannon O'Donnell, Senior Vice President of Auburn National Bancorporation (AUBN), reported two purchases on 2026-07-02. She acquired 16 shares at $26.90 (reported value $430) and 11 shares at $26.01 (reported value $286), for a combined 27 shares totaling approximately $716. These were reported as purchases (Form 4 code P), which are direct insider buys rather than sales.
Key Details
- Transaction date: 2026-07-02
- Purchases: 16 shares @ $26.90 (reported $430); 11 shares @ $26.01 (reported $286) — total ~27 shares, ~$716
- Transaction type: Reported as "Open market or private purchase" (code P) on the Form 4
- Shares owned after transaction: Not specified in the filing
- Filing timeliness: Report filed the same day (timely); no footnotes, 10b5-1 plan, or tax-withholding notation disclosed in the provided summary
Context Insider purchases are often watched by investors as a potential positive signal because executives are buying company stock, but they do not guarantee future performance. This filing reflects a modest, routine insider buy rather than a large or controlling-owner transaction.