WITHROW TERRANCE P 4

What Happened Terrance P. Withrow, a director of Oak Valley Bancorp (OVLY), acquired 297 shares on Feb 13, 2026 at $33.64 per share, for a total of about $9,991. The transaction is coded as a purchase (P), reflecting an acquisition of common stock rather than a sale.

Key Details

• Transaction date and price: Feb 13, 2026 — 297 shares at $33.64 each.
• Total value: approximately $9,991.
• Transaction code: P = Purchase.
• Shares owned after transaction: not reported in the Form 4 filing.
• Footnote: F1 — shares were purchased via automatic dividend reinvestment through a brokerage account (DRIP).
• Filing date: Feb 17, 2026; the Form 4 does not indicate a late-filing flag.

Context This purchase occurred through automatic dividend reinvestment, a routine way insiders can convert dividends into additional shares. Such DRIP purchases are common and typically reflect reinvestment of dividends rather than a new, active buy decision, though purchases are generally viewed as more constructive than sales.