Form 4: Greene County Bancorp Director Sells Shares
Statement of Changes in Beneficial Ownership
Michelle Plummer, a Director at Greene County Bancorp Inc., reported a sale of 10,000 shares of common stock on June 11, 2026.
Summary
- Michelle Plummer, a Director of Greene County Bancorp Inc. (GCBC), sold 10,000 shares of common stock on June 11, 2026.
- The sale was executed at a weighted average price of $28.77 per share, with individual transactions ranging from $28.58 to $29.34.
- Following this transaction, Ms. Plummer directly beneficially owns 99,560 shares of common stock.
- Additionally, Ms. Plummer beneficially owns 50,327 shares indirectly through the Employee Stock Ownership Plan (ESOP).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a neutral to slightly negative filing due to the sale of a substantial number of shares by a director, although the detailed reporting and the existence of indirect ownership through ESOP mitigate extreme negative sentiment.
Negatives
- A significant number of shares were sold by a company director.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Management Comments
- The reporting person undertakes to provide to Greene County Bancorp, Inc., any security holder of Greene County Bancorp, Inc., of the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the rate set forth in this footnote.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions. While a director selling shares can sometimes be perceived negatively, the context of the sale, such as diversification or personal financial needs, is crucial for a complete assessment. The detailed pricing information provided suggests transparency in the transaction.
Stakeholder Impact
- Shareholders may view the sale by a director with caution, potentially impacting short-term investor sentiment.
- The transaction does not appear to directly impact employees, customers, suppliers, or creditors based on the information provided.
Key Dates
| Date | Description |
|---|---|
| 06/11/2026 | Date of transaction (sale of common stock by Michelle Plummer). |
| 06/12/2026 | Date of filing signature. |
Keywords
Greene County Bancorp, GCBC, Form 4, Insider Trading, Stock Sale, Director Transaction, Beneficial Ownership
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