Walker William James IV 4

What Happened
William Walker IV, SVP and CFO of Auburn National Bancorporation, was granted 1,207 restricted stock units (RSUs) on June 5, 2026. The grant reported a $0.00 per-share acquisition price (typical for RSU awards); the RSUs convert into one share of common stock upon vesting. Vesting is time-based: 33% on June 5, 2027; 33% on June 5, 2028; and 34% on June 5, 2029, subject to continued employment. The RSUs accrue dividend equivalents in the form of additional RSUs.

Key Details

• Transaction type: Award/Grant (derivative) of 1,207 RSUs (Form 4 code A).
• Transaction date: 2026-06-05; Filing date: 2026-06-08 (timely filing).
• Acquisition price shown: $0.00 (standard for RSU grants).
• Vesting: 33% on 6/5/2027, 33% on 6/5/2028, 34% on 6/5/2029; subject to continued employment.
• Dividend treatment: Dividend equivalents paid as additional RSUs.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: RSU grant made under the Auburn National Bancorporation, Inc. 2024 Equity and Incentive Compensation Plan; see company Form 8‑K dated June 5, 2026 for full terms.

Context
RSU grants are a form of compensation, not an open‑market purchase or sale; they represent a future claim to shares if the vesting conditions are met. This grant does not indicate an immediate buy/sell of stock and is common for executive compensation.