Insider Mark Westcott at ACNB (ACNB) files Exit Form 4 ending Section 16
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACNB CORP insider Mark A. Westcott filed an "Exit" Form 4 indicating he is no longer subject to Section 16 reporting. The filing shows holdings of ACNB Corporation Common at zero shares following the reported status change. The footnote clarifies that this Form 4 is voluntarily filed solely to report the end of his Section 16 status.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Westcott Mark A
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | ACNB Corporation Common | -- | -- | -- |
Holdings After Transaction:
ACNB Corporation Common — 0 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does the latest ACNB (ACNB) Form 4 for Mark A. Westcott report?
The Form 4 reports that Mark A. Westcott is no longer subject to Section 16 reporting. It is labeled an “Exit” filing and shows his holdings of ACNB Corporation Common at zero shares following the reported change in status.
Why is this ACNB (ACNB) Form 4 described as an "Exit" filing?
The footnote states the Form 4 is voluntarily filed solely to report that the reporting person is no longer subject to Section 16. This language explains the “Exit” label rather than indicating a specific stock transaction in ACNB Corporation Common.
What insider role does Mark A. Westcott have in relation to ACNB (ACNB)?
The filing identifies Mark A. Westcott as “AIS, Inc. Subsidiary President.” He is not flagged in the filing as a director, officer of ACNB CORP itself, or a ten percent owner, but was previously subject to Section 16 reporting requirements.