Cropper Spencer S 4

What Happened Spencer S. Cropper, Director and Chairman of LCNB CORP (LCNB), was awarded 974 shares on February 23, 2026. The shares were recorded as an acquisition (award) at $17.46 per share, with a total value of approximately $17,006. This was a grant/award rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-02-23 at $17.46 per share (total ≈ $17,006).
• Transaction type: A (award/grant — acquisition).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: F1 — Cropper owns a 50% interest in a Limited Family Partnership (some holdings may be held through that entity).
• Filing timeliness: Report lists the same date for transaction and filing (2026-02-23), indicating the Form 4 was filed the same day.

Context Equity awards to directors are commonly part of compensation or board retention programs and do not necessarily reflect a personal market-side decision to buy or sell. For retail investors, purchases or open-market buys may be more indicative of an insider’s market view; awards are routine compensation events. The disclosed family partnership interest means some beneficial ownership can be indirect through that entity.