Thornton Andre 4
4 · FARMERS NATIONAL BANC CORP /OH/ · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
FMNB Director Thornton Andre Receives 1,606-Share Award
What Happened
Thornton Andre, a director of Farmers National Banc Corp. (FMNB), received an award of 1,606 restricted shares on May 8, 2026. The Form 4 reports the acquisition at $0.00 (total reported value $0), indicating a grant of restricted stock as compensation rather than an open-market purchase.
Key Details
- Transaction type: Award/Grant (code A) — 1,606 shares granted on 2026-05-08 at $0.00 per share (total $0 reported).
- Filing: Form 4 filed 2026-05-12 (filed within the two-business-day deadline for a May 8 transaction).
- Vesting/restrictions: Footnote F1 states restrictions lapse on the date of the 2027 Annual Meeting of Shareholders.
- Shares owned after transaction: Not specified in the provided filing.
- No tax-withholding or 10b5-1 plan noted in the filing.
Context
This was a compensation grant of restricted stock (not a market purchase or sale). Such awards are commonly used to align directors with shareholder interests; they do not necessarily indicate immediate buying or selling sentiment. The shares will remain subject to restrictions until they vest at the company’s 2027 annual meeting.
Insider Transaction Report
- Award
Farmers National Banc Corp
[F1]2026-05-08+1,606→ 21,602 total
Footnotes (1)
- [F1]Award represents a grant of restricted stock which restrictions lapse on the date of the 2027 Annual Meeting of Shareholders of the Company.