ACNB CORP (ACNB) director granted stock compensation shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chiaruttini Alexandra C reported acquisition or exercise transactions in this Form 4 filing.
ACNB CORP director Alexandra C. Chiaruttini received an equity award of 296.2085 shares of ACNB Corporation Common on March 13, 2026, valued at $46.42 per share. The filing states this stock was received as compensation for service as a director under a director compensation plan.
After this grant, Chiaruttini directly holds 2963.2191 shares of ACNB Corporation Common. The total includes shares purchased the same day through automatic dividend reinvestment under ACNB Corporation’s Dividend Reinvestment and Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chiaruttini Alexandra C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ACNB Corporation Common | 296.209 | $46.42 | $14K |
Holdings After Transaction:
ACNB Corporation Common — 2,963.219 shares (Direct)
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.
FAQ
What insider transaction did ACNB (ACNB) report for Alexandra C. Chiaruttini?
ACNB CORP reported that director Alexandra C. Chiaruttini received 296.2085 shares as a stock award. The shares were granted as compensation for her board service, not purchased on the open market, reflecting routine director equity compensation.
Is Alexandra C. Chiaruttini’s ACNB stock award a market purchase or compensation grant?
The Form 4 states the ACNB shares were received as compensation for director service. The transaction is coded as a grant or award, meaning it is part of the director compensation plan rather than an open-market stock purchase.
Does the ACNB Form 4 mention dividend reinvestment for Alexandra C. Chiaruttini?
Yes, the filing notes shares from ACNB’s Dividend Reinvestment and Stock Purchase Plan. It explains that her total holdings include common stock purchased via automatic reinvestment of dividends on the same transaction date, which is exempt from normal Section 16 reporting.