Farmers National Banc (FMNB) director granted 1,606 restricted shares
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
Restricted shares granted: 1,606 shares
Shares after transaction: 69,171 shares
Grant price per share: $0.0000 per share
3 metrics
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
Key Terms
restricted stock, Annual Meeting of Shareholders, Form 4
3 terms
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.
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.
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.
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.