Fidelity D & D (FDBC) director awarded 500 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fidelity D & D Bancorp director Rocco DelVecchio acquired 500 shares of restricted common stock through an equity award. The award was granted on February 18, 2026 at a reference price of $45.11 per share, increasing his direct holdings to 1,019.071 shares.
The footnote states this restricted stock award will fully vest over a three-year schedule, with one-third vesting each year. This is a compensatory grant rather than an open-market purchase or sale and reflects ongoing equity-based compensation for a board member.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DelVecchio Rocco
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Common Stock | 500 | $45.11 | $23K |
Holdings After Transaction:
Restricted Common Stock — 1,019.071 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FIDELITY D & D BANCORP (FDBC) report for Rocco DelVecchio?
Fidelity D & D Bancorp reported that director Rocco DelVecchio received an equity award of 500 shares of restricted common stock. The grant increased his direct holdings to 1,019.071 shares, reflecting standard stock-based compensation rather than an open-market trade.
When was the restricted stock granted to FDBC director Rocco DelVecchio?
The restricted common stock was granted to director Rocco DelVecchio on February 18, 2026. This date marks the start of the award’s three-year vesting schedule, during which one-third of the shares vest each year until fully vested.
What are the vesting terms of the FDBC restricted stock award reported on Form 4?
The award vests over three years, with one-third of the restricted shares vesting each year. According to the footnote, this equals approximately thirty-three and one-third percent vesting per year until the grant is fully vested at the end of the schedule.