ACNB Director Frank Elsner III Receives Award, Buys Shares

What Happened

• Frank Elsner III, a director of ACNB Corporation (ACNB), received a director compensation award of 157.758 shares on 2026-09-15 at an effective price/value of $65.29 per share (total ≈ $10,300). On the same date he also purchased 3.829 shares in an open market/private purchase at $65.29 per share (≈ $250). The award is compensation for board service and the purchase is a small open-market buy.

Key Details

• Transaction date(s): 2026-09-15; Form 4 filed: 2026-09-17 (timely).
• Award (code A): 157.758 shares @ $65.29 — value ≈ $10,300.
• Purchase (code P): 3.829 shares @ $65.29 — value ≈ $250.
• Shares owned after transaction: not stated in the provided filing excerpt.
• Relevant footnotes:
  • F1: Execution date determined under SEC Rule 16a-3(g)(2) and (g)(4).
  • F2: Awarded shares were issued as director compensation under the company’s director compensation plan.
  • F3: Amount includes shares purchased via automatic dividend reinvestment (these DRIP shares are exempt from Section 16 reporting).
• Filing timeliness: Filed within standard Form 4 timing for the listed transaction date (no late filing indicated).

Context

• The larger item here is a director compensation award (routine for board members); the small open-market purchase is a modest buy by the director. These actions are typical of director pay and incidental purchasing activity and are factual disclosures rather than indicators of specific company outlook.