Daniel J. Leonard has recently made a notable purchase of 125 shares of Oak Valley Bancorp on October 28, 2026. This acquisition highlights his ongoing commitment to the bank and may influence investor perceptions regarding its future prospects.
Background
Leonard J. is associated with Oak Valley Bancorp, a company classified under the SIC code for state commercial banks. The bank operates out of Oakdale, California, and is listed under the ticker symbol OVLY. Recent filings indicate that Leonard is a director at the bank, further emphasizing his role within the organization.
What the Filing Says
According to the recent SEC filing (accession number 0001437749-26-033873), Leonard acquired the shares at a price of $34.37 each. The filing notes, "Transactions executed in accordance with 10b5-1 purchase plan," indicating that the purchase was part of a pre-established plan to buy shares.
Impact
This transaction may affect various stakeholders, including investors and analysts monitoring Oak Valley Bancorp's performance. Leonard's increased ownership, now totaling 62,912 shares, could signal confidence in the bank's operational strategies and future growth potential.
What's Next
The filing does not say what happens next.
Details of the Purchase
Leonard's recent purchase of 125 shares brings his total ownership to 62,912 shares of Oak Valley Bancorp. This transaction was executed under a 10b5-1 purchase plan, which was adopted on April 28, 2026. Such plans are often used by insiders to buy or sell stock in a company in a pre-scheduled manner, thereby mitigating the risk of accusations of insider trading.
Company Information
Oak Valley Bancorp, incorporated in California, operates in the state commercial banks sector and has the Central Index Key (CIK) number 0001431567. The bank's fiscal year ends on December 31, and it is headquartered at 125 N. Third Ave., Oakdale, CA 95361.
Conclusion
The filing does not include further details about Leonard's future plans regarding his shareholdings or any other potential transactions he may be considering.
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