United Bancorp director Gary Glessner purchases $47,629 in stock

Published 23/05/2025, 13:30
United Bancorp director Gary Glessner purchases $47,629 in stock

MARTINS FERRY, OH — Gary W. Glessner, a director at United Bancorp Inc. (NASDAQ:UBCP), recently acquired a significant amount of the company’s common stock. According to a recent filing, Glessner purchased 3,497 shares on May 22, 2025, at a price of $13.62 per share. This transaction amounted to a total value of approximately $47,629. Following this acquisition, Glessner holds a total of 100,529 shares directly. The purchase price represents a slight premium to the current trading price of $13.51, with the stock currently offering an attractive 8.12% dividend yield. According to InvestingPro data, the company has maintained dividend payments for 33 consecutive years. This move reflects Glessner’s continued confidence in the financial institution, headquartered in Martins Ferry, Ohio. The company, with a market capitalization of $78.28 million and a P/E ratio of 10.88, currently trades near its InvestingPro Fair Value. Subscribers can access 5 additional ProTips and comprehensive financial metrics on the platform.

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