Director Paul Woelkers awarded 2,500 restricted shares in FDBC (NASDAQ: FDBC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Woelkers Paul C. reported acquisition or exercise transactions in this Form 4 filing.
Fidelity D & D Bancorp director Paul C. Woelkers received a grant of 2,500 shares of restricted common stock at $45.11 per share. The award vests over three years, with one-third becoming vested each year. Following this grant, his directly held stake totals 82,025.7458 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Woelkers Paul C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Common Stock | 2,500 | $45.11 | $113K |
Holdings After Transaction:
Restricted Common Stock — 82,025.746 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Paul C. Woelkers report for FDBC?
Paul C. Woelkers reported receiving a grant of 2,500 shares of restricted common stock. This equity award reflects part of his compensation as a director and increases his directly held Fidelity D & D Bancorp stake to 82,025.7458 shares after the transaction.
At what price was Paul C. Woelkers’ restricted stock grant in FDBC valued?
The restricted stock grant to Paul C. Woelkers was valued at $45.11 per share. This price is used to record the grant’s value for reporting purposes and does not represent an open-market purchase or sale transaction in Fidelity D & D Bancorp shares.
Was Paul C. Woelkers’ FDBC transaction a market purchase or a compensation grant?
The transaction was a compensation-related grant of restricted common stock, not a market purchase. The Form 4 identifies the code as a grant, award, or other acquisition, indicating these 2,500 shares were issued as part of his director compensation package.