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ACNB CORP (ACNB) vice chairman receives stock grant for board service

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

Rhea-AI Filing Summary

Herring Todd L reported acquisition or exercise transactions in this Form 4 filing.

ACNB CORP director Todd L. Herring, Vice Chairman of the Board, received 243.3198 shares of ACNB Corporation Common as a stock grant for board service, valued at $56.51 per share. After this compensation award, he directly holds 11,053.188 shares, with additional indirect holdings through his spouse and a trust.

Positive

  • None.

Negative

  • None.
Insider Herring Todd L
Role null
Type Security Shares Price Value
Grant/Award ACNB Corporation Common 243.32 $56.51 $14K
holding ACNB Corporation Common -- -- --
holding ACNB Corporation Common -- -- --
Holdings After Transaction: ACNB Corporation Common — 11,053.188 shares (Direct, null); ACNB Corporation Common — 1,189.12 shares (Indirect, Trust)
Footnotes (1)
  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.
Director stock grant 243.3198 shares Grant, award, or other acquisition on June 15, 2026
Grant value per share $56.51 per share Value used for the director stock compensation grant
Direct holdings after grant 11,053.188 shares Total ACNB Corporation Common held directly after transaction
Spouse indirect holdings 1,052 shares Indirect ownership reported under nature of ownership: Spouse
Trust indirect holdings 1,189.1199 shares Indirect ownership reported under nature of ownership: Trust
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
director compensation plan financial
"stock received as compensation for service as a director pursuant to a director compensation plan"
Dividend Reinvestment and Stock Purchase Plan financial
"automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan"
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
Section 16 of the Securities Exchange Act of 1934 regulatory
"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.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Herring Todd L
(Last)(First)(Middle)
16 LINCOLN SQUARE
(Street)
GETTYSBURG PENNSYLVANIA 17325
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
ACNB CORP [ ACNB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)XOther (specify below)
Vice Chairman of the Board
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
ACNB Corporation Common06/15/202606/16/2026(1)A243.3198(2)A$56.5111,053.188(3)D
ACNB Corporation Common1,189.1199(3)ITrust
ACNB Corporation Common1,052ISpouse
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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. The shares represent stock received as compensation for service as a director pursuant to a director compensation plan.
3. 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.
Remarks:
/s/ Kevin J. Hayes as POA for Todd L. Herring06/17/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did ACNB (ACNB) report for Todd L. Herring?

ACNB reported that director Todd L. Herring received 243.3198 shares of ACNB Corporation Common as a stock grant. The shares were issued as compensation for his service as a director under a director compensation plan, not as an open-market purchase.

At what price were Todd L. Herring’s new ACNB (ACNB) shares valued?

The 243.3198 shares granted to Todd L. Herring were valued at $56.51 per share. This value reflects the grant price used for the compensation award recorded in the Form 4 and does not represent an open-market trading transaction.

How many ACNB (ACNB) shares does Todd L. Herring hold directly after this filing?

Following the stock grant, Todd L. Herring directly holds 11,053.188 shares of ACNB Corporation Common. This figure comes from the post-transaction total reported in the Form 4 for his direct ownership position in the company.

What indirect ACNB (ACNB) holdings are associated with Todd L. Herring?

The Form 4 shows 1,052 shares held indirectly through his spouse and 1,189.1199 shares held indirectly through a trust. Both positions are reported as indirect ownership interests in ACNB Corporation Common linked to Herring.

Was Todd L. Herring’s ACNB (ACNB) transaction an open-market buy or a compensation award?

The transaction was a compensation award, not an open-market purchase. Footnotes explain the shares represent stock received for director service under a director compensation plan, and may include shares from automatic dividend reinvestment.

Does Todd L. Herring’s ACNB (ACNB) Form 4 involve stock options or derivatives?

No derivatives are reported in this Form 4. The derivativeSummary section is empty, and the disclosed activity relates only to non-derivative ACNB Corporation Common shares granted as compensation and existing indirect holdings.