AMES National (ATLO) Director Jeffery C. Baker Buys 300 Shares

What Happened

• Jeffery C. Baker, a director of AMES National Corp (ticker: ATLO), made an open-market purchase of 300 common shares on 2026-09-09 at $31.88 per share, for a total cost of $9,564. This was a purchase (code P), which is generally a more informative signal than routine sales but does not by itself indicate the insider’s motives.

Key Details

• Transaction date and price: 2026-09-09 at $31.88 per share
• Shares purchased and value: 300 shares; total reported value $9,564
• Transaction type: Open-market purchase (SEC transaction code P)
• Shares owned after transaction: Not specified in the provided filing
• Footnotes/plan details: No 10b5-1 plan, tax withholding, or other footnotes noted in the provided data
• Filing timeliness: Form 4 filed on 2026-09-10 (appears timely—within the usual two-business-day reporting window)

Context

• Size and significance: At about $9.6k, this is a modest insider purchase. Small purchases can indicate confidence but may also be routine or personal investing.
• What retail investors should watch: Look for follow-up insider trades or changes in reported ownership to assess whether this is part of a pattern. As always, combine insider activity with fundamentals and company news rather than relying on a single trade.