ELSNER FRANK III 4
4 · ACNB CORP · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
ACNB Director Frank Elsner III Receives Award of 186.693 Shares
What Happened Frank Elsner III, a director of ACNB Corporation (ACNB), received two director compensation awards on 2026-06-15 totaling 186.693 shares of common stock. The grants were 182.269 shares at $56.51/share (≈ $10,300) and 4.424 shares at $56.51/share (≈ $250), for a combined value of about $10,550. These transactions are reported as awards/grants (transaction code A) rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-06-15; Report filed: 2026-06-17 (filed within the standard two-business-day window).
- Price reported: $56.51 per share.
- Shares received: 182.269 and 4.424, total 186.693 shares (~$10,550).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes:
- F1: Execution date determined per SEC Rule 16a-3(g)(2) and (g)(4).
- F2: Shares were issued as director compensation under the director compensation plan.
- F3: Includes shares purchased via automatic dividend reinvestment (exempt from Section 16 reporting).
- Transaction code meaning: A = Award/Grant (compensation), not a market buy or sale.
Context This was a compensation award to a director, a routine corporate action that reflects pay-for-service rather than an open-market investment decision. Dividend-reinvested shares noted in the filing are exempt from Section 16 reporting and may be reported separately. Purchases or sales by insiders are generally watched more closely by investors for intent signals; grants like this are typically administrative/compensation in nature.
Insider Transaction Report
- Award
ACNB Corporation Common
[F1][F2][F3]2026-06-15$56.51/sh+182.269$10,300→ 28,798.024 total - Award
ACNB Corporation Common
[F1][F3]2026-06-15$56.51/sh+4.424$250→ 28,840.124 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.