Weber Jason H 4
Research Summary
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ACNB CFO Jason Weber Receives Restricted Stock Award
What Happened Jason H. Weber, EVP, Treasurer & Chief Financial Officer of ACNB Corp (ACNB), was granted a Variable Equity Award in the form of 3,441.965 restricted shares on March 13, 2026, valued at $46.42 per share (total ~$159,776). To cover tax withholding on the vested portion, 329.74 shares were withheld by the company at the same price, equal to ~$15,307; these were withheld for taxes and were not sold on the open market.
Key Details
- Transaction date: March 13, 2026; Form filed March 17, 2026.
- Award: 3,441.965 restricted shares @ $46.42 = $159,776 (transaction code A).
- Tax withholding: 329.74 shares withheld @ $46.42 = $15,307 (transaction code F); shares withheld, not sold.
- Vesting: One-third (1/3) of the award (the portion that vested on the grant date) is 100% vested as of March 13, 2026; the next one-third vests 100% on Jan 1, 2027, and the final one-third vests 100% on Jan 1, 2028 (per filing footnotes).
- Execution/date mechanics: Determined per SEC Rule 16a-3(g)(2) and (g)(4) (footnote).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context This was a compensation-related award (not an open-market purchase or sale). The withholding of shares to satisfy tax liabilities is a common administrative step and should not be interpreted as a separate sale by the insider.