Walter Patricia L. 4

What Happened

• Patricia L. Walter, Chief Risk Officer of LCNB CORP (LCNB), was granted 2,099 shares on 2026-02-23. The reported acquisition price was $17.46 per share, for a total value of $36,649. This transaction is coded as an award/grant (A) — a company-issued acquisition rather than an open-market buy.

Key Details

• Transaction date: 2026-02-23; price: $17.46 per share; total value: $36,649.
• Transaction type: Award/grant (code A) — company-issued shares (e.g., stock award/vesting), not an open-market purchase.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Reported on the same date as the transaction (2026-02-23), indicating a timely Form 4 filing.
• Relevant footnotes included in the filing:
  • F1: Includes 3,869 shares transferred from ESOP since last Form 4, plus 1,076 shares from dividend reinvestment since last Form 4.
  • F2: Includes 851 shares purchased under the company's dividend reinvestment plan since last Form 4.
  • F3: Includes 3.009 shares purchased under the company's dividend reinvestment plan since last Form 4.
  • F4: Includes 3.825 shares purchased under the company's dividend reinvestment plan since last Form 4.
  • F5: Includes 3.825 shares purchased under the company's dividend reinvestment plan since last Form 4.

Context

• Award/grant transactions normally reflect company compensation (e.g., restricted stock or RSU vesting) and do not necessarily indicate immediate buying or selling by the insider. They are common forms of executive compensation and should be interpreted differently than open-market purchases or sales.