William F. Ham Jr. has increased his ownership in Auburn National Bancorporation, Inc. by acquiring additional shares, as reported in his recent filing. This development is notable as it indicates his confidence in the bank's future prospects.
Ham's transactions, reported on October 2, 2026, involved the purchase of 47 shares of common stock at a price of $27.41 per share. Following these transactions, Ham now holds a total of 5,150 shares in the bank, which reflects his ongoing commitment to the company.
Background
Auburn National Bancorporation, Inc., identified by the Central Index Key 0000750574, operates in the state commercial banks sector. The company is incorporated in Delaware and has its fiscal year ending on December 31. Its business address is located at 100 N Gay St, Auburn, AL.
What the Filing Says
"Transaction Date: 2026-09-30; Transaction Code: P; Shares Acquired: 47; Price per Share: $27.41."
Impact
This increase in ownership may affect shareholders and analysts monitoring Auburn National Bancorporation's performance. Ham's actions could signal a positive outlook for the bank, potentially influencing investor sentiment within the state commercial banks sector.
What's Next
The filing does not say what happens next.
Transaction Details
In the recent filing, William F. Ham Jr. reported two separate transactions on September 30, 2026. The first transaction involved the acquisition of 20 shares of common stock at the same price of $27.41 per share, bringing his total shares owned to 5,123 immediately after this purchase. The second transaction was for an additional 27 shares, which increased his total holdings to 5,150 shares.
Ownership Structure
Ham's ownership includes not only his direct holdings but also an indirect ownership stake of 300 shares held in the name of his spouse. This indicates a broader family investment in Auburn National Bancorporation, which may further reflect their collective confidence in the bank's future.
Additional Context
The filing notes that Ham is a director of Auburn National Bancorporation, which adds a layer of significance to his stock purchases. His role as a director may influence strategic decisions within the company, and his increased investment could be interpreted as a commitment to the bank's growth and success.
Remarks
"DRIP/OCP"
This remark in the filing may indicate participation in a Dividend Reinvestment Plan (DRIP) or an Optional Cash Purchase (OCP), suggesting that Ham is actively engaged in reinvesting dividends or making additional purchases to increase his stake in the company.