Varischetti Nicholas D 4
Research Summary
AI-generated summary
Farmers National Banc (FMNB) Director Varischetti Receives Award
What Happened
Nicholas D. Varischetti, a director of Farmers National Banc Corp (FMNB), was granted 1,606 restricted shares on 2026-05-08. The shares were awarded at $0.00 per share (total reported value $0) as a compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-08; filing date: 2026-05-12 (filed within the two-business-day Form 4 window).
- Transaction code: A (award/grant of securities).
- Shares granted: 1,606 restricted common shares at $0.00 per share (total $0).
- Vesting/restriction note: Restrictions lapse on the date of the 2027 Annual Meeting of Shareholders (per filing footnote).
- Shares owned after the transaction: Not specified in the provided filing.
Context
This was a restricted stock compensation grant to a board director—common as part of director pay. Such awards are not direct market purchases or sales and primarily reflect compensation/retention mechanics; they do not by themselves indicate insider buying or selling sentiment.