Polli John M. 4
4 · ACNB CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
ACNB Director John M. Polli Receives 296 Shares Award
What Happened John M. Polli, a director of ACNB Corporation (ACNB), was granted 296.209 shares as compensation for board service on March 13, 2026. The reported acquisition price is $46.42 per share, totaling approximately $13,750. The transaction is coded as an award/grant (A), an acquisition tied to director compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-17.
- Shares acquired: 296.209; reported price: $46.42 per share; total value: ~$13,750.
- Nature of award: Shares issued as director compensation under the company’s director compensation plan (footnote F2).
- Footnote F3: The amount includes shares purchased via ACNB’s Dividend Reinvestment and Stock Purchase Plan; those DRIP purchases are exempt from Section 16 reporting.
- Footnote F1: The execution date was determined under SEC Rule 16a-3(g)(2) and (g)(4).
- Shares owned after the transaction: Not specified in the provided filing.
Context This was a compensation-related share award to a director (not a sale), which is common practice for paying board members. Such awards reflect compensation, not necessarily the director’s market sentiment. For retail investors, buy-type transactions are often more informative than routine compensation grants; here the filing documents an issued award rather than a personal cash purchase.
Insider Transaction Report
- Award
ACNB Corporation Common
[F1][F2][F3]2026-03-13$46.42/sh+296.209$13,750→ 35,860.289 total
Footnotes (3)
- [F1]The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
- [F2]The shares represent stock received as compensation for service as a director pursuant to a director compensation plan.
- [F3]This amount includes shares of common stock purchased for the same transaction date through the automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan, which are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934.