ACNB (ACNB) director granted stock and dividend reinvestment shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACNB CORP director Alexandra C. Chiaruttini received 243.3198 shares of ACNB Corporation Common as a stock award. The acquisition was recorded at $56.51 per share and is classified as a grant or other acquisition, not an open-market purchase or sale.
According to the filing, her directly held position increased to 3,230.3605 shares after this transaction. Footnotes explain that the shares were granted as compensation for board service and that the reported amount also reflects shares acquired through automatic dividend reinvestment under ACNB’s dividend reinvestment and stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chiaruttini Alexandra C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ACNB Corporation Common | 243.32 | $56.51 | $14K |
Holdings After Transaction:
ACNB Corporation Common — 3,230.361 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
Shares acquired: 243.3198 shares
Transaction price: $56.51 per share
Shares held after: 3,230.3605 shares
+1 more
4 metrics
Shares acquired
243.3198 shares
Grant, award, or other acquisition on June 15, 2026
Transaction price
$56.51 per share
Recorded price for the stock award transaction
Shares held after
3,230.3605 shares
Direct holdings following the June 15, 2026 transaction
Transaction code
Code A
Grant, award, or other acquisition of non-derivative securities
Key Terms
Grant, award, or other acquisition, ACNB Corporation Dividend Reinvestment and Stock Purchase Plan, SEC Rule 16a-3(g)(2) and (g)(4), Section 16 of the Securities Exchange Act of 1934
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
ACNB Corporation Dividend Reinvestment and Stock Purchase Plan financial
"purchased for the same transaction date through the automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan"
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)"
Section 16 of the Securities Exchange Act of 1934 regulatory
"which are 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.
FAQ
What insider transaction did ACNB (ACNB) report for Alexandra C. Chiaruttini?
ACNB reported that director Alexandra C. Chiaruttini acquired 243.3198 shares of common stock. The shares were received as a stock award for board service and related dividend reinvestment, rather than through an open-market purchase or sale.
Was the ACNB (ACNB) insider transaction a market buy or sell?
The transaction was not a market buy or sell. It is coded as a grant or other acquisition, meaning the shares were received as compensation and via dividend reinvestment, rather than purchased or sold in open-market trading.
What do the footnotes in Alexandra Chiaruttini’s ACNB Form 4 explain?
The footnotes state the date is determined under SEC Rule 16a-3 and clarify that shares were received as director compensation. They also note additional shares came from automatic dividend reinvestment under ACNB’s dividend reinvestment and stock purchase plan.