ACNB Insider Filing: Donna Newell Adds Shares via Director Compensation

Rhea-AI Filing Summary

Donna M. Newell, a director of ACNB Corporation (ACNB), reported an acquisition of company common stock. The Form 4 shows a transaction dated 09/15/2025 with an execution determination of 09/16/2025. Ms. Newell acquired 250.948 shares at a price of $44.83 per share as compensation for director service under the company's director compensation plan. After the reported transaction, she beneficially owned 11,529.711 shares. The filing notes that some shares purchased the same date resulted from automatic dividend reinvestment under ACNB's DRIP and are exempt from Section 16 reporting. The Form 4 is signed by a power of attorney on behalf of Ms. Newell on 09/17/2025.

Positive

• 250.948 shares were acquired as director compensation, explicitly reported in the Form 4
• Beneficial ownership after the transaction is 11,529.711 shares, disclosed in the filing
• Filing discloses that dividend reinvestment purchases occurred and were exempt from Section 16 reporting

Negative

• No derivative securities or dispositions were reported in this Form 4 (only non-derivative acquisition recorded)

Insights

Securities Analyst

TL;DR: Routine director compensation stock award; modest increase in insider holdings, no derivatives disclosed.

The Form 4 documents a non-derivative acquisition of 250.948 common shares by director Donna M. Newell at $44.83 per share, recorded as director compensation. Post-transaction beneficial ownership is 11,529.711 shares. The filing explicitly states execution date determination and that additional shares from the same date were purchased via the company's dividend reinvestment plan and are exempt from Section 16 reporting. This is a standard disclosure of equity compensation with no reported option exercises, dispositions, or derivative positions.

Corporate Governance Expert

TL;DR: Standard governance disclosure showing alignment via equity pay; procedural details (POA signature, DRIP note) are included.

The Form 4 indicates the director received shares under the issuer's director compensation plan, a common governance practice to align director interests with shareholders. The filing notes procedural specifics: the SEC Rule-based execution date determination and a power-of-attorney signature dated 09/17/2025. Also disclosed is the interplay with the Dividend Reinvestment and Stock Purchase Plan which generated additional exempt shares on the same transaction date. No material governance issues or unusual transactions are recorded in this filing.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Newell Donna M

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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	09/15/2025	09/16/2025(1)	A		250.948(2)	A	$44.83	11,529.711(3)	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. 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 Donna M. Newell	09/17/2025
	** 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 transaction did Donna M. Newell report on Form 4 for ACNB (ACNB)?

The Form 4 reports a non-derivative acquisition of 250.948 shares on 09/15/2025 (execution determined 09/16/2025) at $44.83 per share.

How many ACNB shares does Donna M. Newell beneficially own after the reported transaction?

The filing shows total beneficial ownership of 11,529.711 shares following the reported acquisition.

Were the shares received by Donna M. Newell part of compensation or a purchase?

The Form 4 states the shares represent stock received as compensation for service as a director under the director compensation plan.

Did the filing mention any dividend reinvestment activity?

Yes. The filing explains that the amount includes shares purchased the same date through the ACNB Dividend Reinvestment and Stock Purchase Plan, which are exempt from Section 16 reporting.

Who signed the Form 4 and when was it signed?

The Form 4 is signed by Kevin J. Hayes as POA for Donna M. Newell with a signature date of 09/17/2025.