David M. Lobach Jr., who serves as Chairman, President and Chief Executive Officer of Embassy Bancorp, Inc. (OTC: EMYB), executed a small insider purchase of the company’s common stock on March 23, 2026, according to a Form 4 filing with the Securities and Exchange Commission.
The filing shows Lobach completed two separate transactions that day, acquiring 100 shares at a price of $19.65 and an additional 100 shares at $19.58. The combined outlay for the purchases amounted to $3,922.
Following the March 23 transactions, Lobach’s reported direct ownership stands at 372,825 shares. In addition to his direct holdings, he has an indirect stake of 118,400 shares held through an individual retirement account.
The insider purchase arrives while certain market and company-level metrics are noted in public commentary: the company is trading at a price-to-earnings ratio of 10.95 and has produced a 28% return over the past year. An InvestingPro Fair Value assessment cited in public reporting characterizes the stock as appearing undervalued based on that service’s analysis.
Other shareholder-relevant details available in the same reporting include a dividend yield of 2.45% and a consecutive stretch of dividend increases extending 14 years, as noted by InvestingPro.
While the Form 4 provides clear detail on the timing, prices and share amounts for the insider purchases, the transaction itself is modest in dollar terms when juxtaposed with Lobach’s broader direct and indirect holdings. The filing records the precise trade prices and the immediate change in reported ownership levels but does not include commentary from company insiders on the motivation for the purchases.
Investors and market participants tracking insider activity can verify the trade details in the SEC filing referenced above. The reported valuation metrics and dividend history are summarized in third-party commentary cited in public reporting, and readers should note those assessments originate with the referenced service.