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Insider Trends: Insider at United Bancshares Exercises Options/Derivative Securities, Sells for Taxes and Self, Trend Now Neutral

05/11/2021 09:25

01:22 PM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, Director and President & CEO, Brian D Young, exercised options/derivative securities for 12,115 shares. A portion of these optioned shares (7,354 shares) were sold for tax obligations and an additional 12,115 shares were sold for $384,478. Young has control over 33,281 shares of company stock of which 3,327 shares are controlled directly and 29,954 shares indirectly following the transactions designated in the Form 4 SEC filing. These holdings have an approximate market value of $1,042,694 as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 6 insider transactions reported to the SEC for United Bancshares. These transactions came from the activities of 2 individual insiders that resulted in no change to insider holdings with acquisitions exactly offset by dispositions of company shares. This compares with the preceding 90-day window of time where there were 5 transactions from 4 insiders which resulted in the net acquisition of 390 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1087456/000143774921011646/xslF345X03/rdgdoc.xml

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