Ames National ATLO Insider Ownership

NASDAQ ATLO

$34.10 +0.03 (+0.09%)

At close: Nov 11, 2026 · 4:00 PM EST

Insider Holdings by Owner

148.46K Shares

Horras Betty A Baudler22.28K15.0%

John Patrick Nelson17.65K11.9%

Thomas H Pohlman13.04K8.8%

James R Ii Larson12.00K8.1%

Michelle R Cassabaum10.36K7.0%

Other insiders (18)73.14K49.3%

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

1.45%

▲+0.019% pp QoQ

Shares Held by Insiders

128.35K

filed for Sep 2026

▲+1.30% QoQ

Shares Outstanding

8.86Mn

8,857,220 shares

Direct Holdings

103.76K

Indirect: 24.59K

Net Open-Market Trades

+1.26K

net bought · $39.58K in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Open-Market Insider Trades

Bought Sold

Latest quarter —

Net over range —

Net-buying quarters —

Insider Ownership Summary

Updated Nov 5, 2026

In the last 12 months, insiders at Ames National made open-market purchases of $100,588 (3.67K shares) and sold no shares on the open market.

Behind Ames National's open-market purchases in the past 12 months were 10 insiders, and no insider sold.
Among ATLO's insiders, Michelle R. Cassabaum (Director) was the top open-market buyer in the past 12 months, with $31,678 of stock purchased (1.11K shares) and the latest purchase on October 30, 2026.
Ames National's latest insider trade on the open market was a purchase of 200 shares for $6,826 by Adam Snodgrass on November 3, 2026.
Per Business Quant data, Ames National insiders hold 106.62K shares in total based on their latest Form 4 filings.
Indirect holdings, through trusts, partnerships, family members and other entities, make up 8.05% (8.59K shares) of Ames National's insider total, with the other 91.95% (98.03K shares) held directly.
Business Quant counts 16 insiders with holdings in Ames National stock, among the officers, directors and 10% owners who have filed a Form 4 in the past two years.
ATLO's largest insider holders by reported holdings are Horras Betty A. Baudler (Director, 22.27K shares), John Patrick Nelson (President, 19.18K shares) and Patrick G. Hagan (Director, 15.84K shares).
Of the shares held by ATLO insiders, 20.89% belong to Horras Betty A. Baudler.
Institutional investors held 40.78% of Ames National stock at the end of Q2 2026, while the latest Form 4 filings of its insiders account for about 1.20%; other investors, including the public, hold roughly 58.02%.
A total of 18 Form 4 filings with transactions in Ames National stock were made over the past 12 months, by 10 insiders.
Insider figures for ATLO include Form 4 filings through November 4, 2026.

Form 4 Holdings

Insiders Holding ATLO

Insiders 23

Shares held 148.46K

Of outstanding 1.68%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Horras Betty A Baudler	Director	22,275	0	22,275	15.0%	03 Jun, 2025
2	John Patrick Nelson	President	17,650	0	17,650	11.9%	29 Oct, 2024
3	Thomas H Pohlman	President	13,035	0	13,035	8.8%	13 May, 2022
4	James R Ii Larson	Director	0	12,000	12,000	8.1%	07 Feb, 2024
5	Michelle R Cassabaum	Director	10,356	0	10,356	7.0%	02 Nov, 2026
6	Patrick G Hagan	Director	9,600	0	9,600	6.5%	15 May, 2026
7	David W. Benson	Director	0	9,300	9,300	6.3%	01 Nov, 2024
8	Richard Schreier	Other	7,848	0	7,848	5.3%	17 Aug, 2026
9	John L Pierschbacher	Cfo	0	7,100	7,100	4.8%	16 May, 2023
10	Kevin L Swartz	Director	5,380	0	5,380	3.6%	24 Nov, 2025
11	Scott T Bauer	Other	4,101	0	4,101	2.8%	09 Nov, 2026
12	Jeffery C Baker	Director	3,879	0	3,879	2.6%	10 Sep, 2026
13	Jeffrey K Putzier	Other	3,827	0	3,827	2.6%	19 Nov, 2025
14	Steven D Forth	Director	3,620	0	3,620	2.4%	02 Jun, 2023
15	Stephen C Mcgill	President Of Subsidiary Bank	3,450	0	3,450	2.3%	16 May, 2022
16	Douglas W Beals	Director	3,275	0	3,275	2.2%	21 Aug, 2026
17	Lisa M Eslinger	Director	2,853	0	2,853	1.9%	12 May, 2023
18	Robert A Thomas	Other	2,300	0	2,300	1.5%	19 May, 2025
19	Michael A Wilson	Executive Vice President	0	1,700	1,700	1.1%	03 Jun, 2025
20	Dan E Johnson	Other	1,558	0	1,558	1.0%	11 Jun, 2025
21	Adam Snodgrass	Other	1,326	0	1,326	0.9%	04 Nov, 2026
22	Justin C Clausen	Chief Financial Officer	1,025	0	1,025	0.7%	28 Apr, 2025
23	Scot A. Trost	Director	1,000	0	1,000	0.7%	10 Dec, 2025

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

560 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
06 Nov, 2026	Scott T Bauer	Other	Acquired P	88	$33.75	$2.97K	4,101	Direct
03 Nov, 2026	Adam Snodgrass	Other	Acquired P	200	$34.13	$6.83K	1,326	Direct
30 Oct, 2026	Michelle R Cassabaum	Director	Acquired P	48	$33.66	$1.62K	10,356	Direct
09 Sep, 2026	Jeffery C Baker	Director	Acquired P	300	$31.88	$9.56K	3,879	Direct
31 Aug, 2026	Michelle R Cassabaum	Director	Acquired P	180	$31.54	$5.68K	10,308	Direct
20 Aug, 2026	Douglas W Beals	Director	Acquired P	325	$31.16	$10.13K	3,275	Direct
14 Aug, 2026	Richard Schreier	Other	Acquired P	316	$31.60	$9.99K	7,848	Direct
31 Jul, 2026	Michelle R Cassabaum	Director	Acquired P	140	$30.20	$4.23K	10,128	Direct
29 May, 2026	Michelle R Cassabaum	Director	Acquired P	170	$28.83	$4.90K	9,988	Direct
15 May, 2026	Patrick G Hagan	Director	Acquired P	200	$27.69	$5.54K	9,600	Direct
12 May, 2026	Patrick G Hagan	Director	Acquired P	100	$27.65	$2.77K	9,400	Direct
30 Apr, 2026	Michelle R Cassabaum	Director	Acquired P	84	$28.08	$2.36K	9,818	Direct
27 Feb, 2026	Michelle R Cassabaum	Director	Acquired P	205	$27.25	$5.59K	9,734	Direct
30 Jan, 2026	Michelle R Cassabaum	Director	Acquired P	280	$26.11	$7.31K	9,193	Direct
10 Dec, 2025	Scot A. Trost	Director	Acquired P	200	$22.88	$4.58K	1,000	Direct
02 Dec, 2025	Scott T Bauer	Other	Acquired P	20	$21.68	$434	4,009	Direct
21 Nov, 2025	Kevin L Swartz	Director	Acquired P	200	$20.80	$4.16K	5,380	Direct
17 Nov, 2025	Jeffrey K Putzier	Other	Acquired P	200	$21.25	$4.25K	3,827	Direct
13 Nov, 2025	Douglas W Beals	Director	Acquired P	500	$21.37	$10.69K	2,950	Direct
31 Oct, 2025	Michelle R Cassabaum	Director	Acquired P	44	$20.82	$916	8,913	Direct

Showing 1 to 20 of 560 transactions