[Form 4] ACNB CORP Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seibel Donald Arthur Jr reported acquisition or exercise transactions in this Form 4 filing.
ACNB CORP director Donald Arthur Seibel Jr reported a routine change in his holdings. He received 243.3198 shares of ACNB Corporation Common as stock compensation for board service, valued at $56.5100 per share, under a director compensation plan.
The direct holding figure also includes shares purchased the same day through automatic dividend reinvestment under ACNB Corporation’s Dividend Reinvestment and Stock Purchase Plan. After these entries, he directly owns 6,812.4081 shares and indirectly holds 12,919.6240 shares through a trust. The filing shows no open‑market buys or sells.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Seibel Donald Arthur Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | ACNB Corporation Common | 243.32 | $56.51 | $14K |
| holding | ACNB Corporation Common | -- | -- | -- |
Holdings After Transaction:
ACNB Corporation Common — 6,812.408 shares (Direct, null);
ACNB Corporation Common — 12,919.624 shares (Indirect, Trust)
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
Stock compensation grant: 243.3198 shares
Grant price: $56.5100 per share
Direct holdings after transaction: 6,812.4081 shares
+1 more
4 metrics
Stock compensation grant
243.3198 shares
ACNB Corporation Common, director compensation award
Grant price
$56.5100 per share
Value of stock received as director compensation
Direct holdings after transaction
6,812.4081 shares
ACNB Corporation Common, directly owned after grant and reinvestment
Indirect trust holdings
12,919.6240 shares
ACNB Corporation Common, held indirectly through a trust
Key Terms
director compensation plan, Dividend Reinvestment and Stock Purchase Plan, automatic reinvestment of dividends, Section 16 of the Securities Exchange Act of 1934
4 terms
director compensation plan financial
"The shares represent 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.
automatic reinvestment of dividends financial
"shares of common stock purchased for the same transaction date through the automatic reinvestment of dividends"
Section 16 of the Securities Exchange Act of 1934 regulatory
"which are 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 did ACNB (ACNB) director Donald Arthur Seibel Jr report in this Form 4?
ACNB director Donald Arthur Seibel Jr reported receiving 243.3198 shares of common stock as compensation, valued at $56.5100 per share. The filing updates his direct and indirect holdings without showing any open-market purchases or sales of ACNB shares.
Does the ACNB (ACNB) Form 4 show any indirect holdings for the director?
Yes. The Form 4 discloses that he indirectly holds 12,919.6240 ACNB Corporation Common shares through a trust. This entry is categorized as indirect ownership and reflects a separate position from his directly held shares reported in the same filing.
What role does the dividend reinvestment plan play in this ACNB (ACNB) filing?
The Form 4 notes that his reported direct holdings include shares bought via automatic dividend reinvestment under ACNB’s Dividend Reinvestment and Stock Purchase Plan. These reinvested shares are exempt from Section 16 reporting, but their impact is reflected in the updated direct share total.