Chiaruttini Alexandra C 4
Research Summary
AI-generated summary
ACNB Director Alexandra Chiaruttini Receives 243.32-Share Award
What Happened
- Alexandra C. Chiaruttini, a director of ACNB Corporation (ACNB), was granted 243.32 shares as an award under the company's director compensation plan. The award is reported as an acquisition (code A) on 2026-06-15 at $56.51 per share, with a total reported value of $13,750.
Key Details
- Transaction date and price: 2026-06-15 at $56.51 per share.
- Shares acquired: 243.32 shares (total value ≈ $13,750).
- Shares owned after the transaction: not disclosed in the provided filing.
- Footnotes of note:
- F1: Execution date determined per SEC Rule 16a-3(g)(2) and (g)(4).
- F2: Shares received as compensation under the director compensation plan.
- F3: The total includes shares purchased via automatic dividend reinvestment under ACNB’s DRIP, which are exempt from Section 16 reporting.
- Filing timeliness: Form 4 filed on 2026-06-17 for a 2026-06-15 transaction — within the standard 2-business-day reporting window (no late filing indicated).
Context
- This was a compensation award to a director (routine corporate compensation), not a sale or open-market purchase. Awards like this are standard for director pay and do not, by themselves, indicate the insider's view on the stock. The filing notes inclusion of dividend-reinvestment shares, some of which are exempt from Section 16 reporting.