Spencer S. Cropper of LCNB (LCNB) receives 974-share stock grant

Rhea-AI Filing Summary

Cropper Spencer S reported acquisition or exercise transactions in this Form 4 filing.

LCNB CORP director and Chairman Spencer S. Cropper reported an equity award of 974 shares of LCNB Corp Common Stock on 2026-02-23 at $17.46 per share. After this grant, he directly holds 22,961 shares. He also reports indirect holdings of 3,000 shares by his spouse, 105,126 shares through a family limited partnership in which he owns a 50% interest, and two custodial accounts of 4,900 shares each.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Cropper Spencer S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	LCNB Corp Common Stock	974	$17.46	$17K
holding	LCNB Corp Common Stock	--	--	--
holding	LCNB Corp Common Stock	--	--	--
holding	LCNB Corp Common Stock	--	--	--
holding	LCNB Corp Common Stock	--	--	--

Holdings After Transaction: LCNB Corp Common Stock — 22,961 shares (Direct); LCNB Corp Common Stock — 3,000 shares (Indirect, by Spouse)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Cropper Spencer S

(Last) (First) (Middle)

3183 HATFIELD DR

(Street)

LEBANON OH 45036

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LCNB CORP [ LCNB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Chairman

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
LCNB Corp Common Stock	02/23/2026		A		974	A	$17.46	22,961	D
LCNB Corp Common Stock								3,000	I	by Spouse
LCNB Corp Common Stock								105,126	I	Family Limited Partnership(1)
LCNB Corp Common Stock								4,900	I	Custodian for OHUTMA 2
LCNB Corp Common Stock								4,900	I	Custodian for OHUTMA 1

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Owns 50% interest in Limited Family Partnership

	/s/ Spencer S Cropper by Andrew M Wallace, POA	02/23/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did LCNB (LCNB) report for Spencer S. Cropper?

LCNB reported that director and Chairman Spencer S. Cropper received an equity grant of 974 shares of LCNB Corp Common Stock. The award was recorded on February 23, 2026 at a reported price of $17.46 per share, increasing his directly held stake.

How many LCNB (LCNB) shares does Spencer S. Cropper hold directly after this Form 4?

After the reported grant, Spencer S. Cropper directly holds 22,961 shares of LCNB Corp Common Stock. This reflects the addition of 974 awarded shares on February 23, 2026, classified as a grant, award, or other acquisition under transaction code A.

What was the price per share for Spencer S. Cropper’s LCNB stock grant?

The Form 4 shows the 974-share grant to Spencer S. Cropper valued at $17.46 per LCNB Corp Common Stock share. This price is used to report the transaction value for the equity award dated February 23, 2026, categorized as a non-derivative acquisition.

What indirect LCNB (LCNB) share holdings are associated with Spencer S. Cropper?

Indirectly, Spencer S. Cropper reports 3,000 shares held by his spouse, 105,126 shares through a family limited partnership, and 4,900 shares in each of two OHUTMA custodial accounts. A footnote states he owns a 50% interest in the family limited partnership.

What does transaction code A mean in Spencer S. Cropper’s LCNB Form 4?

Transaction code A on the Form 4 is described as a grant, award, or other acquisition. For Spencer S. Cropper, it reflects receipt of 974 shares of LCNB Corp Common Stock on February 23, 2026, classified as a non-derivative equity award rather than an open-market purchase.

Is Spencer S. Cropper’s spouse’s LCNB stock reported as direct or indirect ownership?

The 3,000 LCNB shares held by Spencer S. Cropper’s spouse are reported as indirect ownership. The Form 4 lists these shares with an indirect ownership code and the nature of ownership described as “by Spouse,” distinguishing them from his directly owned 22,961 shares.