ACNB CFO receives restricted stock award
ACNB CORP executive Jason H. Weber, EVP, Treasurer & CFO, reported a restricted stock award and related tax withholding.
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
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ACNB Corporation Common | 3,441.9647 | $46.42 | $160K |
| Exercise Price or Tax Liability | ACNB Corporation Common | 329.7404 | $46.42 | $15K |
Footnotes (3)
- F1. The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
- F2. 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.
- F3. 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.
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