Commerce Union Bancshares, Inc. (CUBN): William Ronald Deberry , Chief Executive Officer of Commerce Union Bancshares, Inc. sold 26,250 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $15.58 per share for a total value of $408,975.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, John Lewis Bourne (director) sold 6,450 shares at $15.41 per share price.On Mar 8, 2016, Sharon Hughes Edwards (director) purchased 41 shares at $13.84 per share price.Also, On Feb 24, 2016, Charles Trimble Beasley (director) sold 3,000 shares at $13.68 per share price.On Feb 22, 2016, James Daniel Dellinger (Chief Financial Officer) sold 15,000 shares at $13.72 per share price.
Commerce Union Bancshares Inc: On Wednesday, May 25, 2016 heightened volatility was witnessed in Commerce Union Bancshares Inc which led to swings in the share price. The shares opened for trading at $15.48 and hit $15.58 on the upside , eventually ending the session at $15.48, with a gain of 2.52% or 0.3799 points. The heightened volatility saw the trading volume jump to 40,381 shares. The 52-week high of the share price is $16.74 and the company has a market cap of $117 M . The 52-week low of the share price is at $12.5.
Commerce Union Bancshares Inc. is bank holding company. The Company through its subsidiary Reliant Bank (the Bank) operates banking centers in Davidson Robertson Rutherford Sumner and Williamson Counties Tennessee. The Bank is a commercial bank that offers a range of deposit lending and mortgage products and services to business and consumer customers. The Bank offers loans including commercial and industrial multifamily and commercial real estate construction land development and farmland one- to four-family residential real estate one- to four-family home equity line of credit (HELOC) consumer and other loans. The Bank’s investments include available-for-sale the United States treasury and other the United States Government agencies state and municipal corporate bonds mortgage backed securities and money market. The Bank’s deposits include demand interest-bearing demand savings and money market deposit accounts and time deposits.