Matthew James Smith, President & CEO at Rhinebeck Bancorp, Inc. (RBKB), bought 12,425 shares at $11.99 ($149K) on 2026-07-22, disclosed to the SEC on 2026-07-23.
CEO Matthew James Smith purchased 2,300 shares for $27,589, marking the largest purchase of his career, signaling confidence in the bank's recent turnaround. This bullish signal arrives as the stock sits at a 52-week high of $17.43, suggesting the market is pricing in the bank's return to profitability.
The stock is currently trading at its 52-week high of $17.43, having gained 9.01% over the last 90 days despite a flat performance in the last month.
The stock trades at a premium to its estimated fair value of $2.20, as noted in October 2025, despite recent profitability.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $11.99 | 2,300 | $28K | 18.5% |
| 2 | $12.00 | 10,125 | $122K | 81.5% |
| Total | $12.00 avg | 12,425 | $149K | 100% |