Hagan Patrick G 4

What Happened Patrick G. Hagan, a director of Ames National Corp (ticker: ATLO), made an open-market purchase of 200 shares on May 15, 2026. The shares were acquired at $27.69 each for a total cost of $5,538. This was a straight purchase (transaction code P), which many investors view as a mildly bullish signal because insiders are buying company stock.

Key Details

• Transaction date: 2026-05-15 (filed same day: Form 4 accession 0001703852-26-000002)
• Trade type: Open-market purchase (code P)
• Shares purchased: 200 at $27.69 per share
• Total value: $5,538
• Shares owned after transaction: not specified in the provided filing excerpt — see the full Form 4 for post-transaction holdings
• Notable footnotes: none indicated (no 10b5-1 plan, tax withholding, or gift notation in the provided data)
• Timeliness: Filing date matches transaction date; no late-filing indicator reported

Context

• This was a straightforward buy of common stock (not an option exercise, award, or gift). Purchases by directors can signal confidence, but they should be considered alongside other factors (size of the buy, insider's total holdings, company fundamentals). For full details, consult the complete Form 4 filing.