Glessner Gary W 4

What Happened Gary W. Glessner, a director of United Bancorp, Inc. (UBCP), reported an open-market purchase of 3,527 shares on 2026-05-27. The shares were acquired at $14.93 each, for a total transaction value of approximately $52,658. This was a straight purchase (transaction code P), which investors often view as a more bullish signal than a sale.

Key Details

• Transaction date and price: 2026-05-27, 3,527 shares at $14.93 per share.
• Total value: about $52,658.
• Shares owned after the transaction: not disclosed in the provided filing.
• Filing/timeliness: Form 4 was filed 2026-05-28 (reported transaction date 2026-05-27) — filed within the typical two-business-day window.
• Notes: Filing does not indicate a 10b5-1 plan, gift, option exercise, or tax-withholding event.

Context This was a direct equity purchase by a company director, not an options exercise or gift. Purchases by insiders can be of interest because they represent the insider putting personal capital to work in the company; however, filings alone do not reveal the buyer’s motivation or whether this reflects a long-term view.