Gray Peter A 4

What Happened Peter A. Gray, Executive Vice President and Chief Legal Officer of Fidelity D & D Bancorp (FDBC), was granted 1,000 shares on February 18, 2026. The reported acquisition price is $45.11 per share, for a total reported value of $45,110. This filing documents an award/grant (compensation), not an open‑market purchase or a sale.

Key Details

• Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20)
• Transaction type/code: Award/Grant (A)
• Shares granted: 1,000 at $45.11 per share — total $45,110
• Shares owned after the transaction: Not specified in the information provided in this summary
• Footnote: F1 — the award uses a 0%, 0%, 100% three‑year cliff vesting schedule; the award fully vests on February 18, 2029
• Filing timeliness: Reported via Form 4 two days after the transaction; no late-filing notation indicated in this record

Context This is a compensation award with a three‑year cliff vesting (no partial vesting until the vest date). That means the shares are not immediately vested or liquid; they will fully vest on 2029-02-18 per the footnote. Such grants are common for retention and incentive purposes and are different from open-market purchases or insider sales.