Newell Donna M 4
Research Summary
AI-generated summary
ACNB Director Donna M Newell Receives 296.209-Share Award
What Happened
- Donna M Newell, a director of ACNB Corp (ACNB), was credited with 296.209 shares as an award/compensation on March 13, 2026. The filing reports an acquisition price basis of $46.42 per share, valuing the award at roughly $13,750. This was a compensation award (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: March 13, 2026 — 296.209 shares at $46.42 each (total ≈ $13,750).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: Date of execution determined under SEC Rule 16a-3(g)(2) and (g)(4).
- F2: Shares represent stock received as director compensation under the company’s director compensation plan.
- F3: Amount includes shares purchased the same date via automatic dividend reinvestment (DRIP), which are exempt from Section 16 reporting.
- Filing timeliness: The Form 4 was filed on March 17, 2026, which is within the two-business-day deadline for a March 13 transaction (timely).
Context
- Director compensation awards are routine and reflect company pay practices rather than an immediate buy/sell signal. The inclusion of DRIP purchases means part of the reported shares came from dividend reinvestment rather than a separate open-market purchase.