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Form 4 Oracle, LLC: Boston, MA -- Form4Oracle: Insider Trading Report: Tower Bancorp Inc. (TOBC)

Tue. September 01, 2009; Posted: 06:53 AM
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Sep 01, 2009 (M2 PRESSWIRE via COMTEX) -- TOBC | Quote | Chart | News | PowerRating -- Several insiders at Tower Bancorp Inc. (TOBC) have reported buying more than $1.82M today as the stock was trading at less than 50 percent of its 52-week high. Notable purchases include:

- Randall Terry, Director: reported buying $588.50K

- Schober Robert H: reported buying $50.82K

- Beck Stephen E, Director: reported buying $107.00K

- Merrill Mark S, EVP, Chief Financial Officer: reported buying $101.65K

- Sunderland Klare S, Director: reported buying $37.45K

- Lundblad Carl D, EVP, General Counsel: reported buying $8.02K

- Carbaugh Patricia A, Director: reported buying $2.68K

- Frederick Frederic M, Director: reported buying $26.75K

- Reynolds Richard T: reported buying $499.98K

- Disanto John M, Director: reported buying $107.00K

- Gayman Mark E, Director: reported buying $5.35K

- Poole Robert E Jr, Director: reported buying $133.75K

- Shah Hasu P, Director: reported buying $13.38K

- Pearson Charles C Jr, Director: reported buying $133.75K

Over the last four weeks insiders at Tower Bancorp Inc. (TOBC) have bought more than $1.82M:

- Gayman Mark E, Director: bought $5.35K increasing total holdings by 8%

- Carbaugh Patricia A, Director: bought $2.68K increasing total holdings by 21%

- Randall Terry, Director: bought $588.50K increasing total holdings by 37%

- Frederick Frederic M, Director: bought $26.75K increasing total holdings by 58%

- Beck Stephen E, Director: bought $107.00K increasing total holdings by 200%

- Merrill Mark S, EVP, Chief Financial Officer: bought $101.65K increasing total holdings by 16%

- Reynolds Richard T: bought $499.98K increasing total holdings by 59%

- Poole Robert E Jr, Director: bought $133.75K increasing total holdings by 11%

- Pearson Charles C Jr, Director: bought $133.75K increasing total holdings by 20%

- Lundblad Carl D, EVP, General Counsel: bought $8.02K increasing total holdings by 8%

- Disanto John M, Director: bought $107.00K increasing total holdings by 9%

For a current, real-time summary of TOBC insider activity, visit http://www.form4oracle.com/company/tower-bancorp-inc-tobc?id=6599

About Form4Oracle

Form4Oracle, LLC specializes in distributing insider trading information published by the SEC, making it accessible and actionable for all types of investors. To learn more about how tracking insider trading activity can improve your investment returns, visit http://www.form4oracle.com.

About Tower Bancorp Inc.

Tower Bancorp, Inc. operates as the holding company for The First National Bank of Greencastle, which provides commercial banking services primarily in south central Pennsylvania. It accepts demand, time, and savings deposits. The company's loan portfolio comprises agribusiness, commercial, and residential loans. As of December 31, 2006, it operated sixteen branches located in Quincy, Shady Grove, Waynesboro, Mercersburg, Chambersburg, Laurich, Rozerville, McConnellsburg, Needmore, and Fort Loudon, Pennsylvania; and Hancock and Hagerstown, Maryland. The company was founded in 1864 and is based in Greencastle, Pennsylvania.

--------------------------------------------

The companies referenced in this report have not approved the statements made in this report. This report contains statements that imply risks and uncertainties. This material is for informational reporting purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Form4Oracle is not a licensed broker, broker dealer, market maker, investment banker, investment adviser, analyst or underwriter and is not compensated in this regard.

Please consult your broker to understand investing benefits and risks and prior to purchasing any securities mentioned herein.

CONTACT: Kimberly Sutton, Form4Oracle Tel: +1 312 315 5077 e-mail: kimberly@form4oracle.com WWW: http://www.form4oracle.com

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details for TOBC click here.

    


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