Duane Milton Pelkey, a director at Gouverneur Bancorp, Inc. (NASDAQ:GOVB), purchased 100 shares of common stock on May 15, 2026. The shares were acquired at $18.9405 each, totaling $1,894. The purchase comes as the stock trades near $19, following a 51% return over the past year, though Bond.az analysis suggests the stock may be overvalued relative to its Fair Value.
This indirect acquisition via an IRA brings Pelkey's indirect holdings to 6,100 shares. He also directly holds 750 shares. The $20.15 million market cap bank has paid dividends for 27 consecutive years.
Pelkey also holds options to purchase 2,708 shares at $17.65 per share, expiring March 2, 2036. The options were granted under the 2025 Equity Incentive Plan and vest in five annual installments starting March 2, 2027.
In other news, the Board declared a semi-annual cash dividend of $0.09 per common share, payable on or about May 18, 2026, to shareholders of record on May 4, 2026.
