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ACNB (ACNB) CFO granted restricted stock with tax withholding detail

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ACNB CORP executive Jason H. Weber, EVP, Treasurer & CFO, reported a restricted stock award and related tax withholding. He received a grant of 3,441.9647 shares of ACNB Corporation Common at $46.42 per share, increasing his direct holdings to 11,536.3239 shares as of the initial entry.

One-third of this variable equity award is fully vested as of the grant date of March 13, 2026, with additional one-third portions vesting on January 1, 2027 and January 1, 2028. A separate entry shows 329.7404 shares withheld by ACNB to cover tax liabilities on the vested portion, leaving 11,206.5835 shares directly owned; these withheld shares were not sold on the open market.

Positive

  • None.

Negative

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Insider Weber Jason H
Role EVP, Treasurer & CFO
Type Security Shares Price Value
Grant/Award ACNB Corporation Common 3,441.965 $46.42 $160K
Tax Withholding ACNB Corporation Common 329.74 $46.42 $15K
Holdings After Transaction: ACNB Corporation Common — 11,536.324 shares (Direct)
Footnotes (1)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Weber Jason H

(Last) (First) (Middle)
16 LINCOLN SQUARE

(Street)
GETTYSBURG PA 17325

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ACNB CORP [ ACNB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Treasurer & CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
ACNB Corporation Common 03/13/2026 03/16/2026(1) A 3,441.9647(2) A $46.42 11,536.3239 D
ACNB Corporation Common 03/13/2026 03/16/2026(1) F 329.7404(3) D $46.42 11,206.5835 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
2. 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.
3. 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.
Remarks:
/s/ Jason H. Weber 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ACNB (ACNB) CFO Jason Weber report?

ACNB’s CFO, Jason H. Weber, reported a grant of 3,441.9647 shares of ACNB Corporation Common as a restricted stock award. A portion immediately vested, and some shares were withheld by the company to cover tax liabilities rather than being sold on the market.

How many ACNB (ACNB) shares were granted to the CFO and at what price?

Jason H. Weber received 3,441.9647 shares of ACNB Corporation Common at $46.42 per share as a restricted stock award. This grant reflects equity-based compensation rather than an open-market purchase, and it increased his direct ownership position in the company.

Why were some ACNB (ACNB) shares listed as disposed in the Form 4?

The Form 4 shows 329.7404 ACNB shares as disposed, but these were withheld by ACNB and its bank subsidiary to pay tax liabilities on the vested portion of the award. The footnote clarifies the executive did not sell these shares in the market.

What is the vesting schedule for the ACNB CFO’s restricted stock award?

One-third of the variable equity award vested fully on March 13, 2026, the grant date. The next one-third is scheduled to vest on January 1, 2027, and the final one-third on January 1, 2028, creating a multi-year incentive structure for the executive.

How many ACNB (ACNB) shares does the CFO own after these transactions?

After the restricted stock grant and tax withholding entry, Jason H. Weber directly holds 11,206.5835 shares of ACNB Corporation Common. The reduction from 11,536.3239 shares reflects only shares withheld for tax obligations, not market sales or discretionary dispositions.