Oak Valley Bancorp (OVLY) Director Erich Haidlen Buys 250 Shares

What Happened

• Erich A. Haidlen, a director of Oak Valley Bancorp (OVLY), purchased a total of 250 common shares in two open‑market transactions on February 13, 2026.
• Transactions: 71 shares at $33.62 ($2,387) and 179 shares at $33.07 ($5,920), for a combined cost of $8,307. These were purchases (transaction code P), which represent insider buying rather than a sale.

Key Details

• Transaction date: 2026-02-13 (reported on Form 4 filed 2026-02-17). Filing appears timely under the 2-business-day rule.
• Trades/prices: 71 sh @ $33.62 ($2,387); 179 sh @ $33.07 ($5,920). Total = 250 sh / $8,307.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — shares were purchased via automatic dividend reinvestment through a brokerage account.
• Transaction type code: P = Purchase.

Context

• These were straightforward open‑market purchases (no option exercises, awards, or gifts). The purchases were executed via dividend reinvestment for at least some shares (per F1), which can be a routine way to add shares following dividend payments.
• As always, insider purchases are factual data points rather than direct recommendations; retail investors should consider broader fundamentals and news before making investment decisions.