I don't remember ever seeing a listed stock with such a low percentage of stock ownership by the officers and directors. Several hold zero shares! One would expect at least token ownership of a few thousand $$$ of stock by each officer and director.
I suppose that indicates their very low expectations for the future value of this bank.
Many of shares currently owned by the officers and directors were carried over when Union Bank was bought by Centure in I 2006,,,,, a large amount of additional purchases came in 2008 & 2009....there have been a few sales for what I suspect tax right offs but the majority of the shares are still being held in their 401k...Some officers and directors own a significant amount...Dennis McDonnell owns 596,320.....Wayne Whalen owns 734,025....I know a relative who has been with
Union Bank and know Centrue for 30 years owns a a large amount...I'm sure they are all hoping for high expectations for the future value of this bank,