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