ACNB (ACNB) director granted shares as part of board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carson Elizabeth F. reported acquisition or exercise transactions in this Form 4 filing.
ACNB CORP director Elizabeth F. Carson received 221.8871 shares of ACNB Corporation Common as a stock grant. The shares were awarded as compensation for her board service at a reported value of $46.42 per share. After this award, she directly holds a total of 12,948.0812 ACNB shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carson Elizabeth F.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ACNB Corporation Common | 221.887 | $46.42 | $10K |
Holdings After Transaction:
ACNB Corporation Common — 12,948.081 shares (Direct)
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.
FAQ
What insider transaction did ACNB (ACNB) director Elizabeth F. Carson report?
Elizabeth F. Carson reported receiving 221.8871 shares of ACNB Corporation Common as a stock grant. The award represents compensation for her service as a director under ACNB’s director compensation plan, rather than an open-market purchase or sale.
At what value was Elizabeth F. Carson’s ACNB stock grant recorded?
The stock grant to Elizabeth F. Carson was recorded at $46.42 per share. This value is used to measure the compensation for her board service and does not indicate a separate cash transaction in the market for these shares.
Is Elizabeth F. Carson’s ACNB transaction an open-market buy or sell?
The transaction is a grant or award acquisition, not an open-market buy or sell. Shares were received as compensation for serving as a director, as described in the company’s director compensation plan, rather than through a discretionary market trade.
What do the footnotes reveal about Elizabeth F. Carson’s ACNB stock award?
Footnotes state the shares were stock received as director compensation and note some shares were purchased through automatic dividend reinvestment under ACNB’s Dividend Reinvestment and Stock Purchase Plan, which is exempt from certain Section 16 reporting requirements.
Did the ACNB transaction involve any derivative securities for Elizabeth F. Carson?
The reported transaction involves non-derivative common stock only. There are no accompanying option exercises, conversions, or other derivative security activities disclosed for this date in the filing, and the derivative position summary is shown as empty.