Meilstrup Eric J 4

What Happened Eric J. Meilstrup, CEO and Director of LCNB Corp (LCNB), was granted 6,873 shares on 2026-02-23 at a reported price of $17.46 per share, a total value of approximately $120,003. The Form 4 reports this transaction as an award/grant (transaction code A), meaning shares were issued to him as compensation rather than bought on the open market.

Key Details

• Transaction date: 2026-02-23; Price per share: $17.46; Shares granted: 6,873; Total value: ~$120,003.
• Transaction type: A (award/grant). The filing does not specify whether these are restricted stock, RSUs, or another award form, nor any vesting schedule.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing date: 2026-02-23 (same day as the transaction), which indicates the report was filed timely.
• No indication in the supplied data of tax withholding, 10b5-1 plan, or immediate sale of awarded shares.

Context Grants and awards are typically part of executive compensation packages and may be subject to vesting or other restrictions; they do not necessarily reflect an immediate purchase decision or signal short-term market views. For investors tracking insider activity, awards are informative about executive compensation and alignment with shareholder interests but should be considered alongside other filings and company disclosures.