HAM WILLIAM F JR 4
Research Summary
AI-generated summary
Auburn National (AUBN) Director William F. Ham Jr Buys 64 Shares
What Happened
- William F. Ham Jr., a director of Auburn National Bancorporation, purchased 64 shares of AUBN on April 14, 2026. The filing reports two open-market/private purchase entries labeled "P": 53 shares at $23.72 ($1,257) and 11 shares at $23.25 ($256), for a total reported cost of $1,513. These were purchases (acquisitions), which insiders doing small purchases often use to add to holdings rather than to signal a material change in view.
Key Details
- Transaction dates and prices:
- 2026-04-14 — 53 shares at $23.72 (reported $1,257)
- 2026-04-14 — 11 shares at $23.25 (reported $256)
- Total acquired: 64 shares for ~$1,513.
- Remarks on the filing: "DRIP/OCP" — the filing indicates these were acquired via a dividend reinvestment or related company purchase plan (as noted in the Form 4 remarks).
- Filing: Form 4 accession dated 2026-04-15 for transactions on 2026-04-14 — appears to have been filed timely (no late‑filing flag in the provided data).
- Shares owned after the transaction: not provided in the summary you supplied.
Context
- DRIP (dividend reinvestment plan) purchases are routine ways insiders can increase holdings by reinvesting dividends; such small-dollar purchases are common and do not necessarily imply a major change in insider sentiment.
- This was a straightforward purchase (code P). No derivative exercise, gift, or tax-withholding event was reported in the data you provided.