Fidelity D & D vice chair gets 2,500 share grant
Fidelity D & D Bancorp vice chairman Michael J. McDonald reported an equity award on restricted common stock.
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Rhea-AI Filing Summary
Fidelity D & D Bancorp vice chairman Michael J. McDonald reported an equity award on restricted common stock. He acquired 2,500 shares of restricted common stock at 45.1100 per share as a grant or award, increasing his direct holdings to 183,727.9595 shares.
The restricted stock award will fully vest over a three-year schedule, with one-third vesting each year. McDonald also reported indirect beneficial ownership of 167,406.8201 shares of restricted common stock as co-executor of an estate with interests attributed to his spouse and child.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Common Stock | 2,500 | $45.11 | $113K |
| holding | Restricted Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The award shall be fully vested at the end of a three year vesting schedule subject to one third each year or a thirty three and one third percent vesting per year.
FAQ
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What did Michael J. McDonald report in the latest FDBC Form 4 filing?
What are the vesting terms of Michael J. McDonald’s restricted stock award at FDBC?
Did the FDBC Form 4 show open-market buying or selling by Michael J. McDonald?
What role does Michael J. McDonald hold at Fidelity D & D Bancorp (FDBC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.