Branstetter Matthew Fredrick 4

What Happened
Matthew Fredrick Branstetter, Chief Operating Officer of United Bancorp, reported an open-market purchase of 380 shares of UBCP on 2026-05-27 at $14.93 per share, for a total cost of approximately $5,673. This was a straightforward purchase (transaction code P), which represents an insider buying stock rather than selling.

Key Details

• Transaction date: 2026-05-27 (reported on Form 4 filed 2026-05-28)
• Transaction type: Open-market purchase (code P)
• Shares purchased: 380 at $14.93 each
• Total value: ~$5,673
• Shares owned after transaction: Not specified in the provided filing details
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes reported in the provided data
• Timeliness: Filing appears timely (reported the next day)

Context
Insider purchases can be of interest to investors because they show an executive acquiring stock, but they are not a guarantee of future performance. This is a relatively small-dollar purchase by an officer (COO), and the filing contains no special conditions or derivative transactions.