Executive VP Mulligan Purchases 100 LCNB Shares at $15.19

Rhea-AI Filing Summary

The filing reports that Lawrence P. Mulligan Jr., Executive Vice President and director of LCNB Corp (LCNB), purchased 100 shares of LCNB common stock on 08/20/2025 at a price of $15.19 per share. Following the purchase, Mr. Mulligan directly beneficially owns 29,176 shares. The Form 4 was signed by power of attorney on 08/22/2025.

Insights

Securities Analyst

TL;DR Insider EVP purchased a small number of shares, modestly increasing direct ownership.

The reported transaction is a routine, small open-market purchase: 100 shares at $15.19 each. For a public-company insider, this size is modest relative to typical holdings and is unlikely to be material to valuation or control. The post-transaction direct stake of 29,176 shares should be viewed as part of ongoing insider ownership disclosure rather than a significant shift in stake or control.

Corporate Governance Analyst

TL;DR Disclosure meets Section 16 requirements for a small insider purchase executed and reported via POA.

The Form 4 provides required transparency about insider activity: the reporting person is identified with relationship (Executive Vice President and director), transaction details are complete, and the signature was executed by a POA. There are no derivative transactions or amendments indicated. This filing appears routine and compliant with reporting obligations.

Insider Trade Summary

Net Buyer: 100 shares ($1,519)

Net Buy 1 txn

Insider Mulligan Lawrence P Jr.

Role Executive Vice President

Bought 100 shs ($2K)

Type	Security	Shares	Price	Value
Purchase	LCNB Corp Common Stock	100	$15.19	$2K

Holdings After Transaction: LCNB Corp Common Stock — 29,176 shares (Direct)

Footnotes (1)

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^*

Mulligan Lawrence P Jr.

(Last) (First) (Middle)

218 MAIN ST

(Street)

MIDDLETOWN OH 45044

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

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	08/20/2025		P		100	A	$15.19	29,176	D

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:

	/s/ Lawrence P Mulligan Jr, by Robert C Haines II, POA	08/22/2025
	** 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.