Varischetti Nicholas D 4
Research Summary
AI-generated summary
Farmers National Banc (FMNB) Director Nicholas Varischetti Buys 2,000 Shares
What Happened
Nicholas D. Varischetti, a director of Farmers National Banc Corp (FMNB), made an open-market purchase of 2,000 shares on March 26, 2026, at $12.90 per share, for a total cost of $25,800. This was a direct purchase (transaction code P), which represents an insider buy rather than a sale or option exercise.
Key Details
- Transaction date: 2026-03-26
- Transaction type: Open-market purchase (Code P) at $12.90 per share
- Shares acquired: 2,000; total value: $25,800
- Shares owned after transaction: Not specified in the information provided
- Filing date: 2026-03-30 — filed on the next business day and appears timely (Form 4 is generally due within two business days)
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes disclosed in the provided summary
Context
This was a straightforward open-market purchase (not an option exercise, gift, or award). Insider purchases are often watched by investors as a potential positive signal, but the amount here ($25.8k) is modest; avoid inferring motivation from a single transaction.