Auburn National SVP awarded 1,084 RSUs
Auburn National Bancorporation, Inc. reported that Senior Vice President Shannon O'Donnell received a grant of 1,084 Restricted Stock Units (RSUs) on June 5, 2026 under the 2024 Equity and Incentive Compensation Plan.
Rhea-AI Filing Summary
Auburn National Bancorporation, Inc. reported that Senior Vice President Shannon O'Donnell received a grant of 1,084 Restricted Stock Units (RSUs) on June 5, 2026 under the 2024 Equity and Incentive Compensation Plan. Each RSU will convert into one share of common stock as it vests.
The RSUs vest 33% on June 5, 2027, 33% on June 5, 2028, and 34% on June 5, 2029, subject to continued employment, and accrue dividend equivalents as additional RSUs. Following these transactions, O'Donnell holds 1,875 shares of common stock directly and 1,084 RSUs as a compensation award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,084 shares
Grant/Award
2 txns
Insider
O'DONNELL SHANNON
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,084 | $0.00 | $0.00 |
| holding | common stock, par value $0.01 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,084 contracts (Direct);
common stock, par value $0.01 — 1,875 shares (Direct)
Footnotes (1)
- F1. Represents Restricted Stock Units ("RSUs") granted on June 5, 2026 under the Auburn National Bancorporation, Inc. 2024 Equity and Incentive Compensation Plan. Each RSU converts into one share of common stock upon vesting. The RSUs vest 33% on June 5, 2027, 33% on June 5, 2028, and 34% on June 5, 2029, subject to continued employment. RSUs accrue dividend equivalents in the form of additional RSUs. See the Company's Form 8-K dated June 5, 2026 for additional terms.
Key Figures
RSUs granted: 1,084 units
Common shares held: 1,875 shares
RSU vesting 2027: 33%
+3 more
6 metrics
RSUs granted
1,084 units
Restricted Stock Units granted on June 5, 2026
Common shares held
1,875 shares
Direct common stock holdings after reported transactions
RSU vesting 2027
33%
Portion of RSUs vesting on June 5, 2027
RSU vesting 2028
33%
Portion of RSUs vesting on June 5, 2028
RSU vesting 2029
34%
Portion of RSUs vesting on June 5, 2029
RSU exercise price
$0.0000 per unit
Conversion or exercise price for the RSUs
Key Terms
Restricted Stock Units, dividend equivalents, Equity and Incentive Compensation Plan, vesting
4 terms
Restricted Stock Units financial
"Represents Restricted Stock Units ("RSUs") granted on June 5, 2026 under the Auburn National Bancorporation, Inc. 2024 Equity and Incentive Compensation Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"RSUs accrue dividend equivalents in the form of additional RSUs."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Equity and Incentive Compensation Plan financial
"under the Auburn National Bancorporation, Inc. 2024 Equity and Incentive Compensation Plan."
vesting financial
"The RSUs vest 33% on June 5, 2027, 33% on June 5, 2028, and 34% on June 5, 2029, subject to continued employment."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Auburn National (AUBN) disclose in this Form 4?
Auburn National disclosed that Senior Vice President Shannon O'Donnell received a grant of 1,084 Restricted Stock Units on June 5, 2026 as equity compensation. Each RSU converts into one share of common stock upon vesting under the company’s 2024 Equity and Incentive Compensation Plan.
How many Auburn National (AUBN) RSUs were granted to Shannon O'Donnell?
Shannon O'Donnell was granted 1,084 Restricted Stock Units as of June 5, 2026. These RSUs carry a zero exercise price and each unit will convert into one share of Auburn National common stock as vesting milestones are met over the scheduled vesting period.
What is the vesting schedule for the 1,084 Auburn National (AUBN) RSUs?
The 1,084 RSUs vest in three installments: 33% on June 5, 2027, 33% on June 5, 2028, and 34% on June 5, 2029. Vesting is conditioned on continued employment, aligning the award with longer-term service at Auburn National Bancorporation.
Do the Auburn National (AUBN) RSUs granted to O'Donnell earn dividend equivalents?
Yes. The Restricted Stock Units granted to Shannon O'Donnell accrue dividend equivalents in the form of additional RSUs. This means that when Auburn National pays dividends on common stock, the RSU balance increases proportionally instead of paying cash, compounding the equity-based compensation value.
Under which plan were the Auburn National (AUBN) RSUs to Shannon O'Donnell granted?
The 1,084 RSUs granted to Shannon O'Donnell were issued under the Auburn National Bancorporation, Inc. 2024 Equity and Incentive Compensation Plan. This plan provides stock-based awards that align executive compensation with shareholder interests through time-based vesting in company common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
