CULP CARL D 4

What Happened

• Carl D. Culp, a director of Farmers National Banc Corp (FMNB), was granted 1,606 shares of restricted stock on 2026-05-08. The grant is recorded at $0.00 per share (transaction code A), so no cash was exchanged. This was an award/compensation grant, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08; Filing date: 2026-05-12 (filed within the Form 4 two-business-day reporting window).
• Grant: 1,606 restricted shares at $0.00 per share (code A).
• Shares owned after transaction: Not specified in the filed Form 4.
• Footnote: The award is restricted stock; restrictions lapse on the date of the company’s 2027 Annual Meeting of Shareholders (per footnote F1).
• No sales, purchases, or option exercises reported in this filing.

Context

• Restricted stock awards are a form of compensation that typically carry transfer and forfeiture restrictions until vesting; they are different from open-market purchases and do not in themselves indicate a current market buy or sell decision.
• As this filing reports a director award (not a 10% owner or option exercise), it should be viewed as part of routine director compensation unless other filings indicate otherwise.