Kevin Spink Sells 8,271 Shares of First Northern Community Bancorp (NASDAQ:FNRN) Stock

Key Points

• CFO Kevin Spink sold 8,271 shares of First Northern Community Bancorp on May 4 at an average price of $17.04 for a total of $140,937.84, cutting his ownership by 15.25% to 45,962 shares valued at about $783,192.
• First Northern (NASDAQ: FNRN) shares rose about 2.3% to $17.53 on Wednesday with unusually high volume of 61,967 versus an average of 10,100; the stock’s 12‑month range is $9.62–$17.70 and the company has a market cap of $287.7 million and a P/E of 12.52.
• First Northern is a regionally focused community bank based in Dixon, California, providing commercial and consumer banking, commercial and real estate lending, residential mortgages, small‑business banking and deposit products across Northern California.

First Northern Community Bancorp (NASDAQ:FNRN - Get Free Report) CFO Kevin Spink sold 8,271 shares of First Northern Community Bancorp stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $17.04, for a total transaction of $140,937.84. Following the completion of the sale, the chief financial officer owned 45,962 shares of the company's stock, valued at $783,192.48. This trade represents a 15.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

First Northern Community Bancorp Stock Up 2.3%

Shares of FNRN traded up $0.39 during mid-day trading on Wednesday, hitting $17.53. 61,967 shares of the company's stock were exchanged, compared to its average volume of 10,100. First Northern Community Bancorp has a twelve month low of $9.62 and a twelve month high of $17.70. The firm has a market cap of $287.67 million, a price-to-earnings ratio of 12.52 and a beta of 0.01.

First Northern Community Bancorp Company Profile

First Northern Community Bancorp is the bank holding company for First Northern Bank, a regionally focused community bank based in Dixon, California. The company provides a range of commercial and consumer banking services through its branch network and digital banking channels, positioning itself as a relationship-driven lender and deposit taker for local businesses, farms and households in Northern California.

First Northern's core activities include commercial and real estate lending, residential mortgage origination and servicing, small-business banking, and deposit products such as checking, savings and certificate accounts.

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