Oak Valley Bancorp (OVLY) Director Allison Lafferty Buys 1,307 Shares
$OVLY · Oak Valley BancorpResearch Summary
AI-generated summary of this SEC filing
Oak Valley Bancorp (OVLY) Director Allison Lafferty Buys 1,307 Shares
What Happened
Allison Lafferty, a director of Oak Valley Bancorp (OVLY), made a series of open‑market purchases on August 26, 2026, acquiring a total of 1,307 shares. The buys were: 174 shares at $33.98 ($5,913), 50 shares at $33.99 ($1,700), 68 shares at $33.85 ($2,302), 105 shares at $34.10 ($3,581), and 910 shares at $33.91 ($30,858), for an aggregate cost of about $44,354. These were purchases (code “P”) — buys are often viewed as a more informative or potentially bullish signal than routine sales, though no motive should be assumed.
Key Details
- Transaction date: 2026-08-26 (all purchases); Form 4 filed 2026-09-03.
- Prices and amounts: 174 @ $33.98 ($5,913); 50 @ $33.99 ($1,700); 68 @ $33.85 ($2,302); 105 @ $34.10 ($3,581); 910 @ $33.91 ($30,858).
- Total acquired: 1,307 shares for approximately $44,354.
- Transaction code: P = Purchase (open market).
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes/plan: no 10b5‑1 plan, tax‑withholding, or other footnotes were provided here.
- Timeliness: Form 4 was filed on Sep 3, 2026 for trades executed Aug 26, 2026 — outside the typical two‑business‑day reporting window, so the filing appears late.
Context
These were straightforward open‑market purchases (not option exercises, gifts, or awards). For retail investors, purchases by directors can signal confidence but do not guarantee future performance. Note the late filing of the Form 4, which delays public visibility of the trades.