Cortland Bancorp (CLDB) director Langhenry returned to the company 12,639.35 shares
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Insider transactions reported
Joseph P Langhenry (director at Cortland Bancorp, CLDB) reported that they returned to the company 12,639.35 shares on Nov 1, 2021. After these transactions the filing shows 0 shares held directly.
- Reporting person
- Langhenry Joseph P
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 1, 2021 | Sale back to the company (D) | Cortland Bancorp Common Stock1 | -12,639.345 | - | - | 0 direct |
Holdings before and after
- Cortland Bancorp Common Stock: 12,639.345 to 0 direct
Footnotes from the filing
- 1. Disposed of pursuant to the Agreement and Plan of Merger, dated June 22, 2021 (the Agreement ), by and among Cortland Bancorp ( Cortland ), Farmers National Banc Corp. ( Farmers ) and FMNB Merger Subsidiary, IV, LLC ( FMNB ), pursuant to which Cortland merged with and into Farmers (the Merger ) on November 1, 2021 (the Closing Date ). Pursuant to the Agreement, each share of Cortland common stock issued and outstanding immediately prior to the effective time of the Merger (the Effective Time ) (other than certain shares held by Cortland or Farmers) was converted into the right to receive 1.75 shares (the Exchange Ratio ) of Farmers common stock. The price of Farmers common stock on NASDAQ on the Closing Date was $18.95.
Transaction codes in this filing
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Langhenry report in this CLDB Form 4?
Joseph P Langhenry (director at Cortland Bancorp, CLDB) reported that they returned to the company 12,639.35 shares on Nov 1, 2021. After these transactions the filing shows 0 shares held directly.
How many CLDB shares does Langhenry hold after this filing?
The filing shows 0 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code D mean on an SEC Form 4?
Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
Historical context for CLDB
Earlier insider filings at CLDB
- Nov 1, 2021SEC Form 4: Woofter Timothy K returned 93,373 units of Cortland Bancorp Common Stock to the company, closing all direct ownership in the company
- Nov 1, 2021SEC Form 4: Kaback Neil J returned 11,484 units of Cortland Bancorp Common Stock to the company, closing all direct ownership in the company
- Nov 1, 2021SEC Form 4: Thompson Richard B returned 190,625 units of Cortland Bancorp Common Stock to the company
- Nov 1, 2021SEC Form 4: Hoffman James E Iii returned 11,892 units of Cortland Bancorp Common Stock to the company, closing all direct ownership in the company
- Oct 27, 2021SEC Form 4: Feret Stanley P covered exercise/tax liability with 2,264 units of Cortland Bancorp Common Stock, decreasing direct ownership by 11% to 17,714 units
Quantisnow market dataNASDAQ
CLDB
Cortland Bancorp
- Market cap
- 30-day
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- Finance
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- Savings Institutions
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