In a recent transaction, Lynne Marie Neel, Senior Executive Vice President of Embassy Bancorp, Inc. (NASDAQ:EMYB), purchased shares valued at $12,523. The acquisition involved 759 shares of common stock, acquired at a price of $16.50 per share - notably at the stock's 52-week high. With a market capitalization of $126 million and a P/E ratio of 11.85, InvestingPro analysis suggests the stock is currently trading above its Fair Value. This transaction was part of a series of moves that increased Neel's total holdings to 10,032.2141 shares.
Additionally, Neel received a grant of 704 shares of restricted stock, which were part of the Amended and Restated 2010 Stock Incentive Plan. These shares are set to vest in equal parts over a three-year period. The report also notes that Neel's holdings include shares acquired through the company's Employee Stock Purchase Plan and dividend reinvestment plan.
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