ACNB (ACNB) director Chaney reports stock grant and updated share holdings
Rhea-AI Filing Summary
Chaney Kimberly S reported acquisition or exercise transactions in this Form 4 filing.
ACNB CORP director Kimberly S. Chaney reported a stock grant and updated holdings. She received 182.2686 shares of ACNB Corporation Common as a grant or award at $56.51 per share, bringing her directly held shares to 4,052.5487. A separate line shows 6,022.5100 shares held indirectly through a revocable trust. Footnotes explain the shares were received as compensation for board service and note additional dividend reinvestment plan purchases tied to the same date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 182.2686 shares
Net Buy
2 txns
Insider
Chaney Kimberly S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ACNB Corporation Common | 182.2686 | $56.51 | $10K |
| holding | ACNB Corporation Common | -- | -- | -- |
Holdings After Transaction:
ACNB Corporation Common — 4,052.5487 shares (Direct);
ACNB Corporation Common — 6,022.51 shares (Indirect, Revocable Trust)
Footnotes (3)
- F1. The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
- F2. The shares represent stock received as compensation for service as a director pursuant to a director compensation plan.
- F3. 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 grant: 182.2686 shares
Grant price: $56.51 per share
Direct holdings after grant: 4,052.5487 shares
+1 more
4 metrics
Stock grant
182.2686 shares
Grant, award, or other acquisition of ACNB Corporation Common
Grant price
$56.51 per share
Price for the 182.2686-share grant
Direct holdings after grant
4,052.5487 shares
Direct ACNB Corporation Common owned after transaction
Indirect trust holdings
6,022.5100 shares
ACNB Corporation Common held via revocable trust
Key Terms
Grant, award, or other acquisition, Revocable Trust, Dividend Reinvestment and Stock Purchase Plan, Section 16 of the Securities Exchange Act of 1934, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Revocable Trust financial
""nature_of_ownership": "Revocable Trust""
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
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.
director compensation plan financial
"stock received as compensation for service as a director pursuant to a director compensation plan"
FAQ
What did ACNB (ACNB) director Kimberly S. Chaney report in this Form 4?
Director Kimberly S. Chaney reported receiving 182.2686 shares of ACNB Corporation Common as a grant or award at $56.51 per share. The filing also updates her direct and indirect holdings, including shares in a revocable trust and dividend reinvestment plan activity.
What are Kimberly S. Chaney’s direct ACNB (ACNB) holdings after the reported grant?
After the reported grant, she directly holds 4,052.5487 shares of ACNB Corporation Common. This figure comes from the Form 4’s post-transaction balance for the non-derivative transaction marked with code A, which reflects her updated direct ownership position.
What indirect ACNB (ACNB) holdings does Kimberly S. Chaney report through a revocable trust?
She reports 6,022.5100 ACNB Corporation Common shares held indirectly through a revocable trust. This is listed as an indirect ownership entry categorized as a holding, indicating shares attributed to her via the trust rather than held in her name directly.
Does this ACNB (ACNB) Form 4 show any open-market buying or selling by the director?
The Form 4 does not show open-market buying or selling. It reports a grant classified as “Grant, award, or other acquisition” and an indirect holding entry. Footnotes emphasize compensation and dividend reinvestment plan activity, not open-market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
