Johrendt Michael J 4

What Happened Michael J. Johrendt, a director of LCNB Corp (LCNB), was granted 974 shares on February 23, 2026. The filing lists the acquisition as an award/grant (transaction code A) at an average price of $17.46 per share, a total value of about $17,006. This was an award-based acquisition (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-23
• Transaction type/code: Award/Grant (A) — acquisition of 974 shares
• Price reported: $17.46 per share; total value ≈ $17,006
• Shares owned after transaction: Not reported in this filing
• Filing timeliness: No late-filing indicator noted in the provided data
• No footnotes or 10b5-1/tax withholding details provided in the supplied summary

Context Grants/awards are typically part of executive or director compensation packages and may be subject to vesting or other restrictions; they do not necessarily signal buying based on market views. For retail investors, awards are informational about insider compensation and alignment with shareholders, but they differ from outright purchases in signaling intent.