Meilstrup Eric J 4

What Happened Eric J. Meilstrup, CEO and director of LCNB CORP (LCNB), reported a purchase of 500 shares on 2025-02-17 at $17.43 per share, for a total transaction value of $8,713. This was an outright purchase (transaction code P), which is generally regarded as a more informative insider action than routine sales.

Key Details

• Transaction date and price: 2025-02-17 — 500 shares at $17.43 each.
• Total value: $8,713.
• Transaction type: Purchase (open market or private purchase reported as "P").
• Filing date: Form 4 filed 2026-02-17 — this is a late filing relative to the usual 2-business-day requirement.
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes: None reported (no 10b5-1 plan, tax withholding, or cashless exercise noted).

Context Purchases by executives can be seen as a positive signal because they put personal capital behind the company's prospects, but this single, modest purchase (~$8.7K) should be viewed in context — size, timing, and any subsequent filings or patterns matter. The late filing reduces the timeliness of this disclosure for market participants; investors may want to check the full Form 4 for ownership totals and monitor future filings for confirming activity.