Barrett J Tutt 4

What Happened Barrett J. Tutt, a director of Auburn National Bancorporation, Inc. (AUBN), acquired a total of 83 shares on 2026-04-14 in two purchase transactions. He bought 57 shares at $23.72 each ($1,352) and 26 shares at $23.46 each ($610), for a combined cost of approximately $1,962. These transactions are reported as purchases (code P) and are generally seen as insider buys rather than sales.

Key Details

• Transaction date(s): 2026-04-14
  • 57 shares @ $23.72 = $1,352
  • 26 shares @ $23.46 = $610
  • Total acquired: 83 shares for ~$1,962
• Transaction code: P (Purchase). Filing remark: "DRIP/OCP"
• Filing date: Form 4 filed 2026-04-15 (appears timely for a 2026-04-14 transaction)
• Shares owned after transaction: Not reported on the Form 4 filing
• Notable note: "DRIP/OCP" indicates these shares were acquired under a dividend reinvestment plan (DRIP) or other compensation plan (OCP), rather than necessarily an active, discretionary open-market trade

Context DRIP (dividend reinvestment plan) and OCP purchases are common ways insiders accumulate small amounts of shares automatically by reinvesting dividends or receiving plan-based awards. The dollar amount here is modest (~$2k), consistent with routine reinvestment or compensation-plan activity rather than a large directional bet. Purchases are often watched by investors as a positive signal, but this filing’s DRIP/OCP remark suggests a routine plan-based acquisition rather than an explicit purchase decision.