Retiring ACNB (ACNB) director reports 27,999-share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACNB CORP director Scott L. Kelley filed a voluntary Form 4 to document that he retired from the board on May 5, 2026 and therefore will no longer be subject to Section 16 reporting for the company. The filing shows a holdings entry, not a new trade, with 27,999.6123 shares of ACNB Corporation Common reported as directly owned after the reported event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kelley Scott L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | ACNB Corporation Common | -- | -- | -- |
Holdings After Transaction:
ACNB Corporation Common — 27,999.612 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Direct holdings after event: 27,999.6123 shares
1 metrics
Direct holdings after event
27,999.6123 shares
ACNB Corporation Common directly owned after reported retirement event
Key Terms
Form 4, Section 16 reporting requirements, director of the Issuer
3 terms
Form 4 regulatory
"This Form 4 is filed voluntarily to report that the Reporting Person ceased to be a director"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Section 16 reporting requirements regulatory
"and is therefore no longer subject to Section 16 reporting requirements with respect to the Issuer"
director of the Issuer financial
"the Reporting Person ceased to be a director of the Issuer due to retirement"
FAQ
What does Scott L. Kelley’s latest Form 4 for ACNB show?
The Form 4 shows a voluntary report tied to Scott L. Kelley’s retirement from ACNB CORP’s board on May 5, 2026, and confirms a directly held position of 27,999.6123 ACNB Corporation Common shares after the reported event.
Why will Scott L. Kelley no longer file Section 16 reports for ACNB?
He retired from ACNB CORP’s board of directors on May 5, 2026. The Form 4 states that because he is no longer a director, he is no longer subject to Section 16 reporting requirements for transactions in ACNB securities.