Oak Valley Bancorp (OVLY) Director Daniel J. Leonard Buys 125 Shares

What Happened
Daniel J. Leonard, a director of Oak Valley Bancorp (OVLY), acquired 125 shares on 2026-08-19 in an open-market purchase at $34.59 per share, for a total of $4,324. The filing (Form 4) was submitted on 2026-08-20 reporting this acquisition.

Key Details

• Transaction date: 2026-08-19; price: $34.59 per share; total value: $4,324.
• Transaction type: Purchase (code P) — open market or private purchase as reported.
• Executed pursuant to a 10b5-1 trading plan (Footnote F1). The referenced plan was adopted 2026-04-28 (Footnote F2).
• Shares owned after the transaction: not disclosed in this filing.
• Filing timeliness: Form 4 filed 2026-08-20 reporting the 2026-08-19 trade (no late filing flag shown).

Context
This was a straightforward insider purchase reported under a pre-established 10b5-1 plan, which means the trade was likely scheduled under the plan’s terms rather than a discretionary decision made on the trade date. Purchases are often watched by investors as a signal of insider accumulation, but a 10b5-1 execution indicates the trade followed a pre-set plan; the filing does not disclose the insider’s motive.