SoFi CEO enters prepaid forward contract on 1.5 million shares
Bernard M. Lesavoy, a director at Embassy Bancorp, Inc. (NASDAQ:EMYB), recently purchased additional shares of the company’s common stock. According to a recent SEC filing, Lesavoy acquired a total of 1,656.6332 shares on March 20, 2025, at a price of $15.74 per share. This acquisition amounts to a total investment of approximately $26,075. The purchase comes as Embassy Bancorp, with a market capitalization of $120.3 million, trades at a P/E ratio of 11.49 and offers a dividend yield of 2.67%. InvestingPro analysis indicates the stock is currently fairly valued.
The transactions were conducted in two parts: one involved the purchase of 1,000 shares, while the other transaction included 656.6332 shares acquired indirectly through Red Bird Associates LLC. Following these transactions, Lesavoy’s direct holdings in Embassy Bancorp now total 125,904.26 shares. Additionally, he maintains indirect ownership through various entities, including an IRA and family trusts.
These acquisitions reflect Lesavoy’s ongoing commitment to the company, as he continues to expand his investment in Embassy Bancorp.
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