ACNB CORP (ACNB) director Alan J. Stock awarded additional shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACNB CORP director Alan J. Stock reported receiving additional common shares as compensation. On 2026-06-15, he acquired 243.3198 shares of ACNB Corporation Common at a value of $56.51 per share through a grant or award for board service under a director compensation plan.
Following this award and related dividend reinvestments described in the footnotes, Stock directly holds 88,350.2408 common shares. The filing also notes that part of this amount reflects shares purchased through automatic dividend reinvestment under ACNB’s Dividend Reinvestment and Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stock Alan J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ACNB Corporation Common | 243.32 | $56.51 | $14K |
Holdings After Transaction:
ACNB Corporation Common — 88,350.241 shares (Direct, null)
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.
Key Figures
Shares granted: 243.3198 shares
Reported share value: $56.51 per share
Shares held after transaction: 88,350.2408 shares
3 metrics
Shares granted
243.3198 shares
Director stock grant on 2026-06-15
Reported share value
$56.51 per share
Value used for the 243.3198-share award
Shares held after transaction
88,350.2408 shares
Direct holdings of Alan J. Stock after grant
Key Terms
director compensation plan, Dividend Reinvestment and Stock Purchase Plan, Section 16 of the Securities Exchange Act of 1934
3 terms
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.
FAQ
What insider transaction did ACNB (ACNB) report for Alan J. Stock?
ACNB reported that director Alan J. Stock acquired 243.3198 shares of ACNB Corporation Common as a stock grant. The shares were received as compensation for his service as a director under a director compensation plan.
What do the dividend reinvestment footnotes in ACNB’s Form 4 mean?
The footnotes explain that Stock’s reported holdings include shares purchased via automatic dividend reinvestment under ACNB’s Dividend Reinvestment and Stock Purchase Plan. These purchases are exempt from Section 16 reporting, but the resulting shares are included in his total reported ownership.