AMES National (ATLO) President Richard Schreier Buys 316 Shares

What Happened
Richard Schreier, president of AMES National's subsidiary bank, reported an open-market/private purchase of 316 shares of AMES National (ATLO) on August 14, 2026. The reported purchase price was $31.60 per share, for a total transaction value of approximately $9,986. This was a purchase (Form 4 code P), which insiders sometimes view as a positive signal but can also be routine.

Key Details

• Transaction date: 2026-08-14; Filing date (Form 4): 2026-08-17 (filed within the required two business days).
• Price and quantity: 316 shares at $31.60 per share; total ≈ $9,986.
• Transaction type: Purchase (Form 4 code P; reported as open-market/private purchase).
• Shares owned after transaction: Not specified in the information provided.
• Footnotes/conditions: No 10b5-1 plan, tax withholding, or other special notations provided in the summary.

Context
Insider purchases can be more informative than sales since they may indicate confidence in the company, but a relatively small purchase (~$10k) can also be routine or personal. This filing appears timely and straightforward; retail investors may note the purchase but should consider it alongside other filings, company fundamentals, and market conditions.