FIDELITY D & D BANCORP INC·4

Feb 20, 12:26 PM ET

MCDONALD MICHAEL J 4

Research Summary

AI-generated summary

Updated

FDBC Vice Chairman Michael McDonald Receives 2,500-Share Award

What Happened

  • Michael J. McDonald, Vice Chairman and Director of Fidelity D & D Bancorp, received an award of 2,500 shares on 2026-02-18. The award is recorded at $45.11 per share, for a total value of $112,775. This was an equity award/grant (Form 4 code A), not an open-market purchase or sale.

Key Details

  • Transaction date and price: 2026-02-18 at $45.11 per share.
  • Shares awarded: 2,500; total reported value: $112,775.
  • Vesting: Fully vests over a three-year schedule — one-third (33.33%) vests each year (footnote F1).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing: Reported on 2026-02-20 (two days after the transaction), which is consistent with the typical Form 4 reporting window.

Context

  • This transaction is an awarded grant of company stock subject to time-based vesting; such awards are common as part of executive compensation and do not by themselves indicate buying or selling sentiment.
  • Because the shares vest over time, McDonald will only gain full ownership incrementally (one-third per year) unless other plan terms apply.