Ruth Turkington (FDBC) receives 1,531 restricted stock award in Form 4 filing
Rhea-AI Filing Summary
Turkington Ruth G. reported acquisition or exercise transactions in this Form 4 filing.
FIDELITY D & D BANCORP INC executive Ruth G. Turkington, Chief Consumer Banking Officer, reported receiving a grant of 1,531 shares of restricted common stock on February 18, 2026, at a reference price of $45.11 per share. Following this award, her directly held common stock position is 4,925.8461 shares. The restricted stock follows a three-year cliff vesting schedule, with 100% of the award scheduled to vest on February 18, 2029.
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Insider Trade Summary
Net Buyer: 1,531 shares
Net Buy
1 txn
Insider
Turkington Ruth G.
Role
Chief Consumer Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Restricted | 1,531 | $45.11 | $69K |
Holdings After Transaction:
Common Stock, Restricted — 4,925.8461 shares (Direct)
Footnotes (1)
- F1. The award has a 0%, 0% and 100% three year cliff vesting schedule. The award shall be fully vested on February 18, 2029.
FAQ
What insider transaction did FDBC executive Ruth Turkington report?
Ruth G. Turkington reported acquiring 1,531 shares of restricted common stock as an equity award. The grant reflects non-cash compensation, increasing her directly held position and aligning her interests with shareholders through long-term stock-based incentives.
At what price was the FDBC restricted stock award to Ruth Turkington valued?
The 1,531 restricted shares were granted at a reference price of $45.11 per share. This price is used for reporting and compensation valuation, not necessarily as an open-market purchase price or current trading value.
What is the vesting schedule for Ruth Turkington’s FDBC restricted stock award?
The restricted stock award has a three-year cliff vesting schedule. According to the disclosure, 100% of the 1,531 granted shares will become fully vested on February 18, 2029, subject to the award’s continued-service conditions.
Is Ruth Turkington’s FDBC Form 4 transaction a purchase or an award?
The transaction is classified as a grant or award acquisition, not an open-market purchase. It represents stock-based compensation, coded as a grant under Form 4 rules, rather than a discretionary buy or sell in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.