Polli John M. 4

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.