Lobach David M Jr 4
Research Summary
AI-generated summary
Embassy Bancorp (EMYB) CEO David Lobach Buys 1,050 Shares
What Happened
David M. Lobach Jr., Chairman, President & CEO and a director of Embassy Bancorp, purchased a total of 1,050 shares of EMYB in multiple open-market transactions on March 19, 2026. The trades consisted of: 200 shares @ $19.80 ($3,960); 150 shares @ $19.70 ($2,955); 300 shares @ $19.80 ($5,940); 100 shares @ $19.79 ($1,979); 200 shares @ $19.80 ($3,960); and 100 shares @ $19.70 ($1,970). Aggregate cost of the purchases was $20,764. These entries are coded "P" on the Form 4, indicating purchases (insider buys).
Key Details
- Transaction date: March 19, 2026 (all lots)
- Prices and amounts: 200 @ $19.80 ($3,960); 150 @ $19.70 ($2,955); 300 @ $19.80 ($5,940); 100 @ $19.79 ($1,979); 200 @ $19.80 ($3,960); 100 @ $19.70 ($1,970)
- Total shares bought: 1,050; total value: $20,764
- Transaction type: Open-market purchases (Form 4 code "P")
- Shares owned after transaction: Not specified in the provided summary of the filing
- Notable filing notes: No 10b5-1 plan, tax withholding, or late-filing indication was provided in the supplied data
Context
These were straightforward open-market purchases by a company insider (CEO). Insider buys are often watched by investors as a potential positive signal, but filings do not state the insider’s motivation. There were no derivative transactions, grants, or gifts reported in the provided data.