Daily William A. Jr. 4
4 · Richmond Mutual Bancorporation, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Richmond Mutual (RMBI) Market President William A. Daily Jr. Buys Shares
What Happened
William A. Daily Jr., Market President (West Ohio) of Richmond Mutual Bancorporation (RMBI), acquired 347.222 shares on 2026-02-19 at $14.40 per share, for a total reported value of $5,000. The transaction is recorded as a purchase (code P), indicating an acquisition rather than a sale.
Key Details
- Transaction date and price: 2026-02-19 at $14.40 per share.
- Shares acquired: 347.222; total value reported: $5,000.
- Transaction type: P = Purchase (open market or private purchase).
- Vesting note: Footnote F1 — the shares vest in five equal annual installments commencing June 30, 2026.
- Shares owned after transaction: not disclosed in the provided filing summary.
- Filing timeliness: Reported and filed on 2026-02-19 (same-day reporting based on available data).
Context
This was a purchase (small dollar amount of about $5k), which is typically viewed as an acquisition rather than routine selling. The vesting schedule noted in the filing indicates the shares will become fully vested over five years starting June 30, 2026, which may affect when the insider can freely sell them.
Insider Transaction Report
- Purchase
Common Stock
2026-02-19$14.40/sh+347.222$5,000→ 631.797 total
- 25,000
Common Stock (right to buy)
[F1]Exercise: $13.37Exp: 2035-07-15→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]Vests in five equal annual installments commencing on June 30, 2026.