Paull David Z 4

What Happened Paull David Z, a director of Farmers National Banc Corp (FMNB), received a grant of 1,606 restricted shares on May 8, 2026. The Form 4 reports the acquisition price as $0.00 (transaction code A for award); the filing does not report a cash payment. This was an equity award (compensation/retention), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08; Form 4 filed: 2026-05-12 (timely filing).
• Transaction type/code: Award / Grant (Code A).
• Shares granted: 1,606 restricted shares; reported acquisition price: $0.00.
• Restrictions: Footnote states restrictions lapse on the date of the Company’s 2027 Annual Meeting of Shareholders.
• Shares owned after transaction: Not specified in the provided excerpt.
• No indication of a 10b5-1 plan, tax withholding, or sale in this filing.

Context Restricted stock grants are a common form of director/executive compensation intended for retention or aligning interests with shareholders; they are not the same as an open-market purchase and do not by themselves signal immediate bullish or bearish intent. The restriction-lapse date (2027 Annual Meeting) means the shares likely vest at or before that meeting, subject to the company’s terms.