SANTANIELLO DANIEL J 4

What Happened Daniel J. Santaniello, President, CEO and a director of Fidelity D & D Bancorp (FDBC), received an award of 3,313 shares on 2026-02-18 valued at $45.11 per share (total ~$149,449). Two days later (2026-02-20) he disposed of 100 shares as a bona fide gift. The award is an acquisition by grant (not an open-market purchase).

Key Details

• Grant: 3,313 shares at $45.11 per share on 2026-02-18; aggregate value reported ~$149,449. (Footnote F1: 3-year cliff vesting — 0%, 0%, 100% — fully vests on 2029-02-18.)
• Gift: 100 shares disposed on 2026-02-20 as a bona fide gift (price N/A; Footnote F5).
• Shares owned after these transactions: not specified in the provided filing excerpt.
• Additional footnotes in the filing: prior grant prices (2017: $26.17; 2018: $49.50; 2019: $59.70) and stock appreciation rights (SARs) notes — all SARs vested (F3) with expirations tied to those grant years (F4).
• Filing: Form 4 was filed 2026-02-20 reporting the 2026-02-18 transaction; this appears to be filed within the normal reporting window.

Context

• The 3,313-share award is a company grant that vests on a three-year cliff (no immediate sellable shares until fully vested in 2029), so it reflects compensation rather than an open-market purchase. The 100-share gift is a personal disposition and does not necessarily indicate the insider's market view.