Farmers National (FMNB) SEVP Wallace logs equity awards, tax share use
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Farmers National Banc Corp executive Amber B. Wallace reported multiple share transactions in FMNB. She received 2,929 shares on 2026-02-24 as a grant at $0 per share and 5,839 shares on 2026-02-20, with related awards under the company’s share ownership and performance-based plans. On the same day, 2,782 shares were disposed of to cover tax obligations. She also made small open‑market purchases of 14 shares at $13.35 on 2026-01-02 and 15 shares at $13.02 on 2026-02-02, bringing direct holdings to 61,815 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 29 shares ($382)
Net Buy
5 txns
Insider
Wallace Amber B
Role
SEVP/Chief Retail & Marketing
Bought
29 shs ($382.20)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Farmers National Banc Corp | 2,929 | $0.00 | -- |
| Grant/Award | Farmers National Banc Corp | 5,839 | $13.60 | $79K |
| Tax Withholding | Farmers National Banc Corp | 2,782 | $13.60 | $38K |
| Purchase | Farmers National Banc Corp | 15 | $13.02 | $195.30 |
| Purchase | Farmers National Banc Corp | 14 | $13.35 | $186.90 |
Holdings After Transaction:
Farmers National Banc Corp — 61,815 shares (Direct)
Footnotes (1)
- Shares acquired pursuant to the terms of the Farmers National Banc Corp. Share Ownership Plan. Shares acquired pursuant to the terms of the Farmers National Banc Corp. Share Ownership Plan. Award represents the vesting of performance shares which vested on the third anniversary of their grant date based upon the Company's return on equity. Award represents a grant of restricted stock which restrictions lapse on the third anniversary of the grant date.
FAQ
What insider transactions did Amber B. Wallace report for FMNB?
Amber B. Wallace reported grants, a tax-related share disposition, and small open‑market purchases of Farmers National Banc Corp stock. Activity included plan-based awards, vesting of performance shares, and incremental direct purchases, reflecting routine executive compensation and ownership adjustments rather than a large discretionary trade.
How are performance and restricted stock awards structured for FMNB’s Amber B. Wallace?
Footnotes explain one award reflects performance shares vesting on the third anniversary of grant based on the company’s return on equity. Another represents restricted stock whose restrictions lapse on the third anniversary, aligning executive compensation with multi‑year performance and retention goals.