A Form 4 filed with the Securities and Exchange Commission shows that Director Samuel Waters sold 2,100 shares of Eagle Bancorp Montana, Inc. common stock on February 20, 2026. The reporting document records the per-share price at $22.48 and the aggregate value of the disposition at $47,208.
At the time of the filing, Eagle Bancorp Montana's share price was quoted at $22.12, which the filing notes sits near the company's 52-week high of $23.75. The filing also highlights that the stock has appreciated roughly 33% over the previous six months.
Following the transaction, Waters' direct ownership in the company stands at 31,534 shares. According to the footnotes to the Form 4, the shares were sold to diversify retirement assets.
The filing references analysis from InvestingPro, which indicates the stock may still be undervalued at current market levels. InvestingPro is also cited for data showing that Eagle Bancorp Montana has increased its dividend for 14 consecutive years and that the current dividend yield is 2.58%. The InvestingPro entry additionally tracks six other key tips for investors in EBMT, as summarized in the filing.
Key takeaways
- Director Samuel Waters executed a sale of 2,100 shares on February 20, 2026, at $22.48 per share, totaling $47,208.
- After the sale, Waters directly holds 31,534 shares of Eagle Bancorp Montana.
- According to the filing, the shares were sold to diversify retirement assets; InvestingPro commentary included in the filing calls the stock undervalued and notes a 14-year streak of dividend increases with a 2.58% yield.
Context and market position
The filing places the trade against a backdrop of recent strength in EBMT's stock price - a 33% rise over six months and trading near a one-year high. The disclosure of a director sale combined with third-party valuation commentary provides investors with multiple data points to weigh alongside company fundamentals and dividend history.
Risks and uncertainties
- The director's sale, though described as retirement diversification, reduces insider-held shares and may be interpreted variably by market participants - a factor affecting investor perception in the banking and regional financial sectors.
- The stock is trading close to its 52-week high after a sizable recent gain, which could limit near-term upside relative to recent performance.
- Reliance on third-party analysis: the filing cites InvestingPro's view that the stock is undervalued, but that assessment represents one analytical perspective and introduces uncertainty for investors weighing valuation claims.
All transaction details are taken directly from the Form 4 filing submitted to the SEC. The filing's footnotes and cited InvestingPro data are the sources for the stated motives and valuation commentary.