VP/Chief Accounting Officer Joseph Sabat purchases 88 shares of FMNB at $14.26; stock down 24.0% from 52-week high, now trading at $12.22.
Sabat purchased 88 shares at $14.26 on 2025-01-02, adding modestly to his holdings (now 30,019 shares, +0.3% vs. pre-transaction). The purchase price is notably above the current price of $12.22, representing a mark-to-market loss of approximately $88 in the two trading days elapsed. More broadly, FMNB has declined 24.0% from its 52-week high of $16.09 and is down 12.3% over the past 30 days. Sabat's prior trades at this ticker show a mixed timing record: one buy in 2023-10 yielded a 24.0% return over 90 days, while another buy in 2023-07 declined 8.8% over the same horizon. The company itself shows modest fundamentals—net income of $8,535,000.00, a P/E of 10.91, and 5.6% annual revenue growth—suggesting a stable but not exceptional near-term outlook. The small transaction size and modest concentration effect offer limited signal value.