Stock grant boosts ACNB CORP (ACNB) director James Lott’s holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lott James J reported acquisition or exercise transactions in this Form 4 filing.
ACNB CORP director James J. Lott received a stock award of 182.2686 shares of ACNB Corporation Common on June 15, 2026 as compensation for his service as a director, valued at $56.51 per share.
The filing notes that this amount includes additional shares purchased the same day through automatic dividend reinvestment under ACNB Corporation’s Dividend Reinvestment and Stock Purchase Plan. After this grant, Lott directly holds 19,179.6398 shares of ACNB common stock, reflecting a routine, compensation-related increase in his equity stake rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lott James J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ACNB Corporation Common | 182.269 | $56.51 | $10K |
Holdings After Transaction:
ACNB Corporation Common — 19,179.64 shares (Direct, null)
Footnotes (1)
- The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4). The shares represent stock received as compensation for service as a director pursuant to a director compensation plan. This amount includes shares of common stock purchased for the same transaction date through the automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan, which are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934.
Key Figures
Stock award shares: 182.2686 shares
Grant valuation price: $56.51 per share
Total direct holdings after grant: 19,179.6398 shares
3 metrics
Stock award shares
182.2686 shares
Non-derivative grant to director on June 15, 2026
Grant valuation price
$56.51 per share
Reported value for ACNB Corporation Common stock award
Total direct holdings after grant
19,179.6398 shares
ACNB common stock held directly by James J. Lott after transaction
Key Terms
director compensation plan, Dividend Reinvestment and Stock Purchase Plan, Section 16 of the Securities Exchange Act of 1934, SEC Rule 16a-3(g)(2) and (g)(4)
4 terms
director compensation plan financial
"stock received as compensation for service as a director pursuant to a director compensation plan"
Dividend Reinvestment and Stock Purchase Plan financial
"automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan"
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
Section 16 of the Securities Exchange Act of 1934 regulatory
"exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
SEC Rule 16a-3(g)(2) and (g)(4) regulatory
"The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4)."
FAQ
What did ACNB (ACNB) director James J. Lott report in this Form 4?
Director James J. Lott reported receiving 182.2686 shares of ACNB Corporation Common as a stock award. The shares were granted as compensation for his service as a director and are treated as an acquisition, not an open-market purchase.
At what price was the ACNB director stock award valued?
The 182.2686-share award to ACNB director James J. Lott was valued at $56.51 per share. This price is used for reporting purposes in the Form 4 and reflects the grant value for compensation accounting and disclosure.
Is the ACNB director’s Form 4 transaction an open-market stock purchase?
No, the transaction is not an open-market purchase. It is coded as a grant or award acquisition, representing stock received as compensation for board service under a director compensation plan rather than a discretionary buy in the market.
What role did ACNB’s Dividend Reinvestment and Stock Purchase Plan play in this Form 4?
The reported amount includes shares acquired via automatic dividend reinvestment under ACNB’s Dividend Reinvestment and Stock Purchase Plan. These plan-based purchases are generally exempt from Section 16 reporting but are included in the total shares shown for this transaction date.
Does this ACNB Form 4 indicate any derivative or options activity for the director?
No derivative or options transactions are reported for James J. Lott in this Form 4. The filing only shows a non-derivative acquisition of common stock as a compensation grant, with no remaining derivative positions listed in the derivative summary.