[Form 4] Fidelity D & D Bancorp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

On 06/13/2023, Fidelity D & D Bancorp (FDBC) director Paul C. Woelkers filed a Form 4 disclosing the cumulative purchase of 429 common shares executed through four broker-facilitated trades dated 13 Jun 2023, 12 Sep 2023, 15 Dec 2023 and 01 Apr 2024. All transactions carried the code “P,” confirming open-market buys at prices of 180 sh @ $44.965, 178 sh @ $45.55, 33 sh @ $56.17 and 38 sh @ $48.84.

After the reported activity, Woelkers’ direct beneficial ownership increased to 78,171.0843 shares, adding roughly 0.55 % to his stake and implying an average purchase price near $46.4 per share. No derivative securities were reported and no shares were sold. While the transaction size is modest relative to the director’s existing holdings, the net buying may signal incremental insider confidence. The filing contains no operational or earnings information and does not alter previously disclosed guidance.

Positive

• Director made open-market purchases, indicating personal confidence and no immediate negative outlook.

Negative

• None.

Insights

Securities Analyst

TL;DR: Small insider buy; sentiment positive, financial impact immaterial.

The 429-share purchase lifts Woelkers’ stake to ~78.2 k shares. Dollar value (≈$20 k) is negligible versus market cap, so valuation impact is minimal. Nonetheless, open-market purchases—especially across multiple dates—tend to be viewed favorably by investors as they reflect personal conviction absent option exercises. No sales or derivatives temper the signal. Overall, the filing is sentiment-positive but not materially impactful to FDBC’s fundamentals.

Portfolio Manager

TL;DR: Insider accumulation is a mild confidence cue, unlikely to move the stock.

The multi-date buys suggest steady accumulation rather than a single opportunistic trade, but the added 0.55 % ownership barely shifts insider alignment. Liquidity in regional bank shares is thin; therefore even small trades can flag interest, yet position sizing matters. I would categorize the disclosure as monitor, not act: positive tone, negligible portfolio relevance without corroborating fundamentals.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Woelkers Paul C.

(Last) (First) (Middle)

916 OLD LOGGER ROAD

(Street)

MOSCOW PA 18444

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIDELITY D & D BANCORP INC [ FDBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/13/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/13/2023(1)		P		429	A	(2)	78,171.0843	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Broker share purchases on 6/13/2023, 9/12/2023, 12/15/2023 and 4/1/2024.

2. 6/13/2023 180 shares at $44.965 per share, 9/12/2023 178 shares at $45.55 per share, 12/15/2023 33 shares at $56.17 per share and 4/1/2024 38 shares at $48.84 per share.

	/s/ John Pash	07/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many FDBC shares did Director Paul C. Woelkers buy?

He purchased 429 common shares spread across four broker-facilitated trades.

What is Woelkers' total ownership after the Form 4 transactions?

His direct beneficial ownership stands at 78,171.0843 shares following the reported buys.

At what prices were the FDBC shares acquired?

Purchases were executed at $44.965, $45.55, $56.17 and $48.84 per share on the respective trade dates.

Were any shares sold or derivatives exercised in this filing?

No. The Form 4 reports only open-market purchases; no sales or derivative transactions were disclosed.

Does the filing include any financial or earnings guidance updates for FDBC?

No. The Form 4 is limited to insider trading activity and provides no operational or earnings information.