Ruth Turkington (FDBC) receives 1,531 restricted stock award in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
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 — 4,925.846 shares (Direct)
Footnotes (1)
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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.