Fidelity D & D Bancorp (FDBC) chair awarded 2,500 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fidelity D & D Bancorp chairman Brian J. Cali reported an equity award of restricted common stock. He acquired 2,500 restricted shares on February 18, 2026 at a reference price of $45.11 per share as a grant or award, increasing his directly held stake to 423,948.309 shares.
The award is scheduled to vest over three years, with one third of the shares vesting each year, so full vesting occurs only after the three-year period. The filing also notes 1,833.8291 common shares held indirectly for his children, reflecting an additional indirect ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CALI BRIAN J
Role
Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Restricted | 2,500 | $45.11 | $113K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock, Restricted — 423,948.309 shares (Direct);
Common Stock — 1,833.829 shares (Indirect, Children)
Footnotes (1)
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FAQ
What insider transaction did FDBC chairman Brian J. Cali report?
Brian J. Cali reported an equity award of 2,500 restricted common shares. The award was recorded at a reference price of $45.11 per share and represents a grant or award acquisition rather than an open-market purchase or sale.
What is the vesting schedule for Brian J. Cali’s FDBC restricted stock award?
The restricted stock award vests over three years. One third of the shares vest each year, or approximately thirty-three and one third percent annually, meaning the award becomes fully vested only at the end of the three-year schedule.
Is the FDBC restricted stock award to Brian J. Cali an open-market purchase?
No. The filing classifies the transaction with code A as a grant, award, or other acquisition. This indicates the shares were awarded as compensation rather than bought in the open market at the prevailing share price.