Director at Farmers National (NASDAQ: FMNB) granted 1,606 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Thornton Andre reported acquisition or exercise transactions in this Form 4 filing.
FARMERS NATIONAL BANC CORP director Andre Thornton received an award of 1,606 shares of restricted stock at a stated price of $0.0000 per share. This is a stock-based compensation grant, not an open-market purchase. The restrictions on these shares lapse on the date of the Company’s 2027 Annual Meeting of Shareholders. After this award, Thornton directly holds 21,602 shares of Farmers National Banc Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thornton Andre
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Farmers National Banc Corp | 1,606 | $0.00 | -- |
Holdings After Transaction:
Farmers National Banc Corp — 21,602 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 1,606 shares
Grant price per share: $0.0000 per share
Shares held after grant: 21,602 shares
+1 more
4 metrics
Restricted stock granted
1,606 shares
Award to director Andre Thornton on May 8, 2026
Grant price per share
$0.0000 per share
Restricted stock compensation award
Shares held after grant
21,602 shares
Andre Thornton direct holdings following transaction
Vesting event
2027 Annual Meeting of Shareholders
Date when restrictions on granted shares lapse
Key Terms
restricted stock, Annual Meeting of Shareholders, Form 4, Grant, award, or other acquisition
4 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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Farmers National Banc Corp (FMNB) report for Andre Thornton?
Andre Thornton received a grant of 1,606 shares of restricted Farmers National Banc Corp stock. The award was recorded at $0.0000 per share as stock-based compensation rather than a market purchase, increasing his direct holdings to 21,602 shares after the transaction.
Is Andre Thornton’s Form 4 transaction in FMNB an open-market stock purchase?
No, the Form 4 reports a grant of restricted stock, not an open-market purchase. The 1,606 shares were awarded at a stated price of $0.0000 per share as compensation, with vesting tied to the 2027 Annual Meeting of Shareholders.