ACNB CORP (ACNB) EVP receives stock grant, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACNB CORP executive Douglas A. Seibel received a stock award and had shares withheld for taxes. On March 13, 2026, he was granted 3,131.9259 shares of ACNB Corporation Common at $46.42 per share as a variable equity award under company stock plans.
On the same date, 297.4283 shares were disposed of by withholding to cover tax liabilities, and the footnotes clarify the executive did not sell these shares. After these transactions, Seibel directly owned 22,060.3198 shares of ACNB Corporation Common.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Seibel Douglas A
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ACNB Corporation Common | 3,131.926 | $46.42 | $145K |
| Tax Withholding | ACNB Corporation Common | 297.428 | $46.42 | $14K |
Holdings After Transaction:
ACNB Corporation Common — 22,357.748 shares (Direct)
Footnotes (1)
- The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4). One-third (1/3) of this Variable Equity Award, granted in the form of restricted stock under the ACNB Bank Variable Compensation Plan and pursuant to the ACNB Corporation 2018 Omnibus Stock Incentive Plan, is 100% vested as of the Grant Date of March 13, 2026, with the next one-third (1/3) 100% vested as of January 1, 2027, and the final one-third (1/3) 100% vested as of January 1, 2028 The shares disposed were withheld by the Issuer and/or its subsidiary ACNB Bank for payment of the tax liability by withholding of securities, on the first one-third (1/3) vested as of the Grant Date of March 13, 2026, in accordance with SEC Rule 16b-1. For clarification, the executive did not sell the shares.