FMNB (FMNB) CFO reports equity awards and tax-share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Farmers National Banc Corp executive stock awards and tax withholding
SEVP/CFO Alan Troy Adair reported equity compensation transactions in Farmers National Banc Corp stock. On 2026-02-20, he acquired 8,917 shares in a restricted stock grant at $13.60 per share and 3,506 performance shares that vested on 2026-02-24, both recorded as awards rather than open‑market purchases. Also on 2026-02-20, 8,483 shares at $13.60 per share were disposed of to cover tax liabilities. After these transactions, he directly owned 22,719 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Adair Alan Troy
Role
SEVP/CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Farmers National Banc Corp | 3,506 | $0.00 | -- |
| Grant/Award | Farmers National Banc Corp | 8,917 | $13.60 | $121K |
| Tax Withholding | Farmers National Banc Corp | 8,483 | $13.60 | $115K |
Holdings After Transaction:
Farmers National Banc Corp — 26,225 shares (Direct)
Footnotes (1)
- 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 FMNB executive Alan Troy Adair report?
Alan Troy Adair reported equity compensation transactions in Farmers National Banc Corp stock. He received performance shares and restricted stock and had shares withheld to satisfy tax obligations, reflecting routine executive compensation rather than open-market buying or selling activity.
What does the tax-withholding disposition in the FMNB Form 4 mean?
The Form 4 shows a tax-withholding disposition of 8,483 shares at $13.60 per share. This indicates shares were surrendered to cover tax liabilities tied to the equity awards, not sold in the open market for discretionary portfolio reasons.