Wenick Mark J 4

What Happened

• Mark J. Wenick, Senior Executive Vice President & Chief Wealth Management Officer at Farmers National Banc (FMNB), received equity awards in February 2026. On 2026-02-20 he had 7,183 performance shares vest (valued at $13.60 each, total ~$97,689). Concurrently, 3,153 shares were withheld to cover tax liability at $13.60 each (disposed, ~$42,881). On 2026-02-24 he was granted 2,891 restricted shares (reported at $0 acquisition price).

Key Details

• Transaction dates and prices:
  • 2026-02-20: 7,183 performance shares vested at $13.60 ($97,689 total) — reported as acquisition (Code A).
  • 2026-02-20: 3,153 shares withheld for tax liability at $13.60 ($42,881) — reported as disposition for tax withholding (Code F).
  • 2026-02-24: 2,891 restricted shares granted at $0 (Code A).
• Shares owned after transaction: Not specified in the excerpt provided from the filing.
• Footnotes:
  • F1: The 7,183 award represents performance shares that vested on the third anniversary of their grant based on the company's return on equity.
  • F2: The 2,891 award is restricted stock whose restrictions lapse on the third anniversary of the grant date.
• Filing timeliness: Form 4 filed 2026-02-24 for transactions beginning 2026-02-20; filing appears timely (within required reporting window).

Context

• The main activity here is award-based (not an open-market purchase or sale). The 7,183 shares were performance-based vesting; a portion was withheld to satisfy taxes, which is routine and not a market-sale signal. The 2,891 restricted shares were newly granted and will remain subject to vesting/restriction terms.