Director John W. Parkinson made a disclosed purchase of 420 shares of Consumers Bancorp Inc. common stock at a per-share price of $25.90, resulting in a transaction valued at $10,878. The purchase was recorded in a Form 4 filing with the Securities and Exchange Commission and dated March 16, 2026.
At the time of the transaction, the stock was trading near $25.85. InvestingPro analysis cited in the filing indicates that the share price sits below a Fair Value estimate of $28.40. Over the last 12 months, the regional bank has produced a total return of 36%, according to the same analysis noted in the filing.
Following the acquisition, Parkinson directly holds 21,493.393 shares of Consumers Bancorp common stock. That direct ownership figure includes shares acquired through a dividend reinvestment plan. The filing also lists indirect holdings in the director's household: Parkinson's spouse is reported to indirectly own 5,890 shares.
The Form 4 disclosure is specific about the size and nature of the purchase but does not offer additional commentary on Parkinson's intentions. InvestingPro Tips contained in the same reporting highlight the company’s dividend track record and yield: Consumers Bancorp has paid dividends for 28 consecutive years and currently yields 3.25%. The reporting notes that subscribers can access five additional ProTips for more detailed, subscriber-only insights.
This transaction represents a modest dollar value relative to many insider trades, yet it updates public ownership records and registers a director purchase at a time when third-party analysis places the market price below an identified Fair Value point. The publicly disclosed figures - number of shares bought, per-share price, total transaction value, current trading level, Fair Value estimate, year-to-date return, and dividend statistics - are the core facts available from the Form 4 and the associated InvestingPro commentary.
Summary
On March 16, 2026, Consumers Bancorp director John W. Parkinson purchased 420 shares at $25.90 each, totaling $10,878, as disclosed in an SEC Form 4. The purchase raises Parkinson's direct holdings to 21,493.393 shares; his spouse indirectly owns 5,890 shares. InvestingPro analysis cited alongside the filing places the stock below a Fair Value of $28.40 and records a 36% return over the prior year. The bank’s dividend history spans 28 consecutive years with a current yield of 3.25%.
- Key points
- Director purchase of 420 shares for $10,878 reported in an SEC Form 4 on March 16, 2026.
- InvestingPro analysis cited the stock as trading below a Fair Value of $28.40 while noting a 36% return over the past year.
- Consumers Bancorp has a 28-year dividend payment record and a current yield of 3.25%.
- Market and sector impact
- Regional banking and financial equities information flows may be affected as insider trades are recorded publicly.
- Dividend-focused investors receive updated ownership and yield context from the disclosure.
- Risks and uncertainties
- The purchase amount is modest at $10,878, which may limit the trade's signal strength to markets.
- The valuation assessment referenced is from InvestingPro; different valuation approaches could yield different Fair Value conclusions.
- Public disclosure is limited to the Form 4 details presented; no additional commentary from the director or company is included in the filing.
All figures and statements above are drawn from the Form 4 filing dated March 16, 2026, and from the InvestingPro details cited in that filing.