DelVecchio Rocco 4

What Happened Rocco DelVecchio, a director of Fidelity D & D Bancorp, was granted 500 shares (reported as an acquisition) on 2026-02-18 at a reported value/price of $45.11 per share, totaling $22,555. The award is a grant (transaction code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-18; reported on Form 4 filed 2026-02-20 (appears to be filed within the normal 2‑day window).
• Grant: 500 shares at $45.11/share; total reported value $22,555.
• Vesting: Award vests over three years — one-third (33.33%) vests each year (footnote F1).
• Shares owned after transaction: Not disclosed in this filing.
• Transaction type: Award/grant (not a sale or market purchase); no 10b5-1 or tax-withholding notes reported.

Context This is a time‑based equity grant that will vest incrementally over three years; until vested, the shares are typically subject to forfeiture or other restrictions. Such awards are common for directors as compensation and do not by themselves indicate immediate buying or selling sentiment.