Swizer Duane 4

What Happened Duane Swizer, EVP and Chief Information Officer of First Northern Community Bancorp (FNRN), was granted a restricted stock award of 6,000 shares on 2026-02-18 at an effective price of $14.70 per share, for a total value of $88,200. This transaction is recorded as an award/acquisition (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-02-18 at $14.70 per share (6,000 shares; $88,200 total).
• Transaction type: Award/Grant (code A).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: F1 — Restricted stock award with four-year cliff vesting, or earlier vesting upon retirement.
• Filing timeliness: Report filed 2026-02-19 for a 2026-02-18 transaction (filed the next day; not indicated as late).

Context Restricted stock awards are granted by the company and typically cannot be sold until they vest. A four-year cliff vest means the shares generally vest all at once after four years (or upon retirement per the footnote), so these shares are not available for immediate sale and do not indicate an immediate market trade. This was a grant to an executive rather than a market purchase or sale.