David E. Housel, a member of the board of Auburn National Bancorporation, INC (NASDAQ:AUBN), reported an insider purchase of the company’s common shares on a Form 4 filed with the Securities and Exchange Commission.
According to the filing, Housel acquired 58 shares of Auburn National stock on April 14, 2026, in two separate trades. The transactions were executed at prices of $23.722 and $23.2458 per share - specifically, 41 shares at $23.722 and 17 shares at $23.2458. The combined value of the acquisition is $1,367. After these purchases, Housel directly holds 9,114 shares of Auburn National Bancorporation.
The insider activity occurred while Auburn National’s share price was trading at $23.52. InvestingPro analysis cited in the filing indicates the stock may be undervalued relative to its Fair Value. The company is reported to carry a price-to-earnings ratio of 11.33 and to offer a dividend yield of 4.55%.
Additional InvestingPro commentary notes that Auburn National has paid dividends for 32 consecutive years. The platform also states that subscribers can access two additional ProTips and a set of comprehensive financial metrics through its services.
Corporate developments announced by Auburn National Bancorporation include the declaration of a quarterly cash dividend of $0.27 per share for the first quarter of 2026. That dividend was scheduled to be paid on March 25, 2026 to shareholders of record as of March 10, 2026.
Separately, the company approved a stock repurchase program authorizing the buyback of up to $5 million of its common stock. The repurchase program is effective through March 15, 2027, or until the authorized amount has been fully used.
The board was also expanded with the election of Jeff Evans as a director. Evans is identified as the President and Chief Executive Officer of Evans Realty and J & L Contractors.
These filings and corporate actions provide direct disclosure of insider buying and outline recent shareholder-oriented measures taken by Auburn National. The Form 4 filing documents the precise share counts, prices, and resulting ownership stake attributed to Director David E. Housel.