STOCK TITAN

Farmers National Banc (FMNB) director granted 1,606 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CULP CARL D reported acquisition or exercise transactions in this Form 4 filing.

Farmers National Banc Corp director Carl D. Culp received a grant of 1,606 shares of restricted stock. The award was granted at no cash cost per share and is structured as equity compensation rather than a market purchase.

Following this grant, Culp directly holds 69,171 shares of Farmers National Banc Corp. The restrictions on the new restricted stock are scheduled to lapse on the date of the company’s 2027 Annual Meeting of Shareholders, aligning vesting with long-term service and governance timelines.

Positive

  • None.

Negative

  • None.
Insider CULP CARL D
Role null
Type Security Shares Price Value
Grant/Award Farmers National Banc Corp 1,606 $0.00 --
Holdings After Transaction: Farmers National Banc Corp — 69,171 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 1,606 shares Equity award to director Carl D. Culp
Shares after transaction 69,171 shares Total direct holdings following grant
Grant price per share $0.0000 per share Reported transaction price for restricted stock
restricted stock financial
"Award represents a grant of restricted stock which restrictions lapse on the date of the 2027 Annual Meeting"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Annual Meeting of Shareholders financial
"restrictions lapse on the date of the 2027 Annual Meeting of Shareholders of the Company"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CULP CARL D

(Last)(First)(Middle)
20 S BROAD STREET
P O BOX 555

(Street)
CANFIELD OHIO 44406

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FARMERS NATIONAL BANC CORP /OH/ [ FMNB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Farmers National Banc Corp05/08/2026A(1)1,606A$069,171D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Award represents a grant of restricted stock which restrictions lapse on the date of the 2027 Annual Meeting of Shareholders of the Company.
/s/ Annette Kushner, attorney in fact for Carl D. Culp05/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FMNB director Carl D. Culp report?

Carl D. Culp reported acquiring 1,606 shares of Farmers National Banc Corp restricted stock as compensation. The Form 4 shows this was a grant or award, not an open-market purchase, with restrictions that lapse at the 2027 Annual Meeting of Shareholders.

How many FMNB shares does Carl D. Culp hold after this restricted stock grant?

After the grant, Carl D. Culp directly holds 69,171 shares of Farmers National Banc Corp. This total includes the newly awarded 1,606 restricted shares, which are subject to vesting conditions tied to the company’s 2027 Annual Meeting of Shareholders.

Was cash paid for the 1,606 Farmers National (FMNB) restricted shares granted to Carl D. Culp?

No cash was paid for the 1,606 restricted shares granted to Carl D. Culp. The transaction price per share is reported as 0.0000, indicating an equity-based compensation award rather than a purchase on the open market or a cash-settled transaction.

When do the restrictions lapse on Carl D. Culp’s 1,606 restricted FMNB shares?

The restrictions on the 1,606 restricted shares granted to Carl D. Culp lapse on the date of Farmers National Banc Corp’s 2027 Annual Meeting of Shareholders. Vesting tied to a future shareholder meeting aligns director compensation with ongoing board service.

What does transaction code "A" mean in Carl D. Culp’s FMNB Form 4 filing?

Transaction code "A" in this Form 4 indicates a grant, award, or other acquisition of shares. For Carl D. Culp, it reflects the award of 1,606 restricted Farmers National Banc Corp shares as compensation, rather than a direct market purchase or sale of stock.