SPY425.10+2.50 0.59%
DIA341.98+3.20 0.94%
IXIC14,369.71+97.98 0.69%

Insider Trends: Insider at Premier Financial Bancorp Converts Options in Mist of 90-Day Buying Trend

05/11/2021 06:54

10:41 AM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, Michael Ray Mineer, SVP, exercised options for 15,605 shares in Premier Financial Bancorp (PFBI) for $163,328. Mineer, after the transactions disclosed in the SEC Form 4 filing, owns 73,715 shares of company stock, with a market value, based on the prior-day closing price, of $1.39 million. Additionally, Mineer has been granted 4,200 stock options by the company which are in the money and carry a value of approximately $43,554 as of yesterday's closing price.

In the 90 days prior to the date of this filing, there have been 5 insider transactions reported to the SEC for Premier Financial Bancorp. These transactions came from the activities of 3 different insiders that resulted in a net acquisition of 30,792 company shares. In the preceding 90-day window of time, there were 4 transactions from 3 insiders and resulted in the net acquisition of 26,946 shares.

This is a lower level of transactions than the peer group average in the 394-company Banks peer group over the last 90-day period. Peer group activity averaged 105.6 transactions per company, with company insiders acquiring on average 7,443 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/887919/000156761921009497/xslF345X03/doc1.xml

[Disclaimer]
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.