Benavides David E 4
Research Summary
AI-generated summary
Consumers Bancorp (CBKM) SVP David Benavides Buys Shares
What Happened
- David E. Benavides, SVP and Senior Loan Officer at Consumers Bancorp (CBKM), made two open-market purchases on 2026-05-20, acquiring a total of 250 shares. He bought 150 shares at $26.75 ($4,013) and 100 shares at $26.87 ($2,687), for a combined cash outlay of roughly $6,700. These were purchases (transaction code P), which are generally viewed as insider buying rather than selling.
Key Details
- Transaction dates and prices:
- 2026-05-20: 150 shares @ $26.75 = $4,013
- 2026-05-20: 100 shares @ $26.87 = $2,687
- Total shares acquired: 250; total value: about $6,700.
- Transaction type: Open-market purchases (Code P).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote F1: filing notes that shares owned may include shares acquired through the company’s dividend reinvestment plan.
- Filing timeliness: Report period and filing date are both 2026-05-20; no late filing was indicated.
Context
- These were straightforward open-market purchases, not option exercises, gifts, or awards. Purchases by officers can be interpreted by investors as a positive signal, but filings are factual records and do not state the insider’s motivation.