Helmick Kevin J 4

What Happened

• Kevin J. Helmick, President & CEO and a director of Farmers National Banc Corp (FMNB), received awards on Feb 20 and Feb 24, 2026. On Feb 20, 24,134 performance shares vested at $13.60/share (valued at ~$328,222). To cover tax withholding, 13,908 of those shares were surrendered/withheld at $13.60/share (valued at ~$189,149). On Feb 24 he was also granted 8,842 restricted shares (acquired at $0.00).

Key Details

• Transaction dates and values:
  • 2026-02-20: 24,134 vested performance shares at $13.60 — total value ~$328,222 (footnote: vesting based on Company return on equity).
  • 2026-02-20: 13,908 shares withheld to pay tax liability at $13.60 — value ~$189,149 (tax withholding, not an open-market sale).
  • 2026-02-24: 8,842 restricted shares granted at $0.00 (restrictions lapse on the third anniversary of the grant).
• Net effect from these transactions: 24,134 vested − 13,908 withheld = 10,226 shares retained from the vesting, plus 8,842 newly granted restricted shares = 19,068 shares newly added to holdings (subject to restrictions/vesting where noted).
• Shares owned after the transactions are not specified in the provided filing.
• Footnotes:
  • F1: Vesting tied to three‑year performance shares based on return on equity.
  • F2: 8,842 shares are restricted stock; restrictions lapse on the third anniversary.
• Filing: Form 4 reports the transactions (report filed 2026-02-24 covering activity on 2026-02-20 and 2026-02-24).

Context

• These transactions are award vesting and a restricted-stock grant — not open-market purchases or sales intended to signal immediate bullish/bearish intent. The shares withheld were used to satisfy tax obligations, a common administrative step when awards vest. The restricted shares granted on Feb 24 remain subject to future lapse-of-restrictions conditions.