Silverman Alan 4
Research Summary
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FDBC Director Alan Silverman Receives 2,500-Share Award
What Happened
- Alan Silverman, a director of Fidelity D & D Bancorp, received an award of 2,500 common shares on February 18, 2026. The grant is reported at $45.11 per share for a total reported value of $112,775. This was an award/grant (transaction code A), i.e., compensation equity rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-18; Price per share: $45.11; Total value: $112,775.
- Filing date: 2026-02-20 (reported on Form 4).
- Shares owned after the transaction: not disclosed in the filing.
- Footnote: the award vests over three years — one-third (33.333...%) vests each year (fully vested at end of three-year schedule).
- No indication this filing was late.
Context
- This is a compensation award to a director; such grants are common for pay/retention and do not necessarily signal immediate buying or selling intent. The multi-year vesting schedule means the economic benefit is realized over time, which can align the director’s interests with long-term shareholder value.