ACNB director receives routine stock grant
Herring Todd L reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Herring Todd L reported acquisition or exercise transactions in this Form 4 filing.
ACNB CORP director Todd L. Herring received a stock grant of 296.2085 shares of ACNB Corporation Common at $46.42 per share as compensation for service on the board. This award was made under a director compensation plan and is not an open-market purchase.
After the grant, he holds 10,657.2524 shares directly, plus indirect holdings of 1,170.0707 shares through a trust and 1,052 shares held by his spouse, reflecting a routine equity-based compensation event for a board member.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ACNB Corporation Common | 296.2085 | $46.42 | $14K |
| holding | ACNB Corporation Common | -- | -- | -- |
| holding | ACNB Corporation Common | -- | -- | -- |
Footnotes (3)
- F1. The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
- F2. The shares represent stock received as compensation for service as a director pursuant to a director compensation plan.
- F3. 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
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What insider transaction did ACNB (ACNB) director Todd L. Herring report?
Was the ACNB (ACNB) insider grant to Todd L. Herring an open-market stock purchase?
What do the footnotes in Todd L. Herring’s ACNB (ACNB) Form 4 explain?
How is dividend reinvestment reflected in Todd L. Herring’s ACNB (ACNB) holdings?
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