Stock award boosts LCNB CORP (LCNB) director Foster’s holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LCNB CORP director Steve P. Foster received a grant of 974 shares of LCNB Corp common stock on February 23, 2026. The shares were valued at $17.46 per share for this award transaction, which is classified as a grant or other acquisition rather than an open‑market purchase.
Following this stock award, Foster directly holds 47,187 shares of LCNB Corp common stock. This type of equity grant typically represents part of director compensation, increasing his direct ownership stake in the company without involving a public market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FOSTER STEVE P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | LCNB Corp Common Stock | 974 | $17.46 | $17K |
Holdings After Transaction:
LCNB Corp Common Stock — 47,187 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did LCNB (LCNB) report for Steve P. Foster?
LCNB reported that director Steve P. Foster received a grant of 974 shares of LCNB Corp common stock. The transaction was recorded as a stock award rather than an open-market trade, increasing his direct holdings to 47,187 shares after the transaction.
Was Steve P. Foster’s LCNB (LCNB) transaction a stock purchase or a grant?
The transaction was a grant or award acquisition, not an open-market purchase. Form 4 classifies it under code “A,” indicating shares were awarded to the director rather than bought, which is common for equity-based director compensation programs at public companies.
At what price was Steve P. Foster’s LCNB (LCNB) stock award valued?
The 974-share grant to Steve P. Foster was valued at $17.46 per share. This price is used for reporting purposes on the Form 4 and reflects the per-share value assigned to the stock award on the February 23, 2026 transaction date.
What does transaction code “A” mean in the LCNB (LCNB) Form 4 filing?
Transaction code “A” in the Form 4 indicates a grant, award, or other acquisition of shares. For LCNB, it shows Steve P. Foster received 974 shares as a stock award, increasing his direct holdings without a traditional market buy or sell order.