First Northern (FNRN) director sells 2,000 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST NORTHERN COMMUNITY BANCORP director Mark C. Schulze reported an open-market sale of 2,000 shares of Common stock. The transaction took place at a price of $17.786 per share. After this sale, he directly holds 739,921 shares, so the sale represents a small portion of his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($35,572)
Net Sell
1 txn
Insider
Schulze Mark C
Role
null
Sold
2,000 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 2,000 | $17.786 | $36K |
Holdings After Transaction:
Common — 739,921 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,000 shares
Sale price: $17.786 per share
Shares owned after sale: 739,921 shares
+1 more
4 metrics
Shares sold
2,000 shares
Open-market sale of Common stock on 2026-05-12
Sale price
$17.786 per share
Price for the 2,000-share open-market sale
Shares owned after sale
739,921 shares
Direct holdings following the transaction
Net shares sold
2,000 shares
Net selling activity in transaction summary
Key Terms
open-market sale, non-derivative, transaction code "S"
3 terms
open-market sale financial
"transaction_action: "open-market sale" for the 2,000-share trade"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type is listed as "non-derivative" for the Common stock"
transaction code "S" financial
"transaction_code is "S", described as a sale in open market"
FAQ
What insider transaction did Mark C. Schulze report at FIRST NORTHERN COMMUNITY BANCORP (FNRN)?
Director Mark C. Schulze reported selling 2,000 shares of FIRST NORTHERN COMMUNITY BANCORP Common stock. The Form 4 filing classifies this as an open-market sale, meaning the shares were sold on the market rather than granted or transferred privately.
Was the FNRN transaction by Mark C. Schulze a buy or a sell?
The Form 4 shows that the transaction was a sell. It is coded as an open-market sale, meaning shares were disposed of rather than acquired, and the transaction_summary section classifies the overall activity as net selling of 2,000 shares.
Does Mark C. Schulze’s Form 4 filing for FNRN involve derivative securities?
No, the reported transaction involves non-derivative Common stock only. The security title is listed as “Common,” the transaction_type is “non-derivative,” and the derivativeSummary section is empty, indicating no options or other derivative instruments in this filing.