LCNB CFO Andrew Wallace Receives 1,870-Share Award

What Happened

• Andrew Michael Wallace, Chief Financial Officer of LCNB Corp (LCNB), was granted/acquired 1,870 shares on 2026-02-23 at an effective price of $17.46 per share, a grant valued at $32,650. The Form 4 reports this as an award/acquisition (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-23
• Transaction type/code: Grant/Award (A)
• Shares acquired: 1,870
• Price per share: $17.46
• Total value: $32,650
• Shares owned after transaction: Not disclosed in this Form 4
• Footnote: F1 notes inclusion of 8.81 shares purchased under the company’s dividend reinvestment plan since the Form 3 filing
• Filing timeliness: Reported on 2026-02-23 (no late filing indicated)

Context

• This was a compensation award rather than an open-market buy; awards are commonly part of pay or retention packages and don’t necessarily indicate the insider’s short-term market view. Purchases (code P) typically carry more direct signaling value about insider conviction.