Lobach David M Jr 4

What Happened
David M. Lobach Jr., Chairman, President & CEO of Embassy Bancorp (EMYB), reported two purchases on Form 4 dated 2026-03-23. He acquired 100 shares at $19.65 ($1,965) and 100 shares at $19.58 ($1,958), for a total of 200 shares and $3,923. These were purchases (Form 4 code P), which represent insider buying rather than a sale.

Key Details

• Transaction date: 2026-03-23 (reported on the same date)
• Prices and amounts: 100 shares @ $19.65 ($1,965); 100 shares @ $19.58 ($1,958)
• Total acquired: 200 shares for $3,923
• Shares owned after transaction: not specified in the provided filing
• Footnotes/plans: no 10b5‑1 plan, tax withholding, or other special footnotes indicated in the supplied details
• Timeliness: filing period and report date are the same (timely)

Context
Code P denotes a purchase (open-market or private purchase per the Form 4). This is a relatively small-dollar insider buy (about $3.9K) by the company’s top executive; purchases can be more informative than sales but do not by themselves prove a change in company outlook.