HAMBERGER SCOTT M 4
Research Summary
AI-generated summary
Eagle Financial (EFSI) Director Scott Hamberger Buys 909 Shares
What Happened
- Scott M. Hamberger, a director of Eagle Financial Services Inc. (EFSI), made an open-market purchase of 909 shares on March 11, 2026 at $33.00 per share for a total of $29,997. On the same day he transferred 600 shares to the Megan McMullen Hamberger Revocable Living Trust as a gift (no consideration). The filing shows both a 600-share disposal and a 600-share acquisition because Hamberger is the trustee and remains the beneficial owner of the trust-held shares.
Key Details
- Transaction date: March 11, 2026; Form 4 filed March 12, 2026 (next day).
- Purchase: 909 shares @ $33.00 — total $29,997.
- Transfer/Gift: 600 shares transferred to revocable living trust for no consideration (reported as gift/disposition and also as acquisition by the trust).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 notes inclusion of shares acquired through the company’s Dividend Investment Plan. F2 explains the 600-share transfer to the revocable living trust; the reporting person is trustee and remains beneficial owner.
- No 10b5-1, option exercise, or tax-withholding items reported; filing appears timely.
Context
- The open-market purchase is a straightforward buy (a bullish signal in that it increases insider ownership), while the transfer to a revocable trust is typically an internal/estate-planning move and does not necessarily indicate a change in sentiment because the insider remains the beneficial owner.