Smith Patti Gates 4
Research Summary
AI-generated summary
Embassy Bancorp (EMYB) Director Patti G. Smith Receives Award
What Happened Patti G. Smith, a director of Embassy Bancorp, received a grant of 1,812 shares on 2026-02-10. The shares were awarded at $0.00 per share (no cash exchanged), so the immediate transaction value reported is $0. This was an equity award under the company’s 2010 Stock Incentive Plan.
Key Details
- Transaction date: 2026-02-10; Filing date: 2026-02-11 (no late filing indicated).
- Transaction type: Award/Grant (code A) — 1,812 shares @ $0.00.
- Reported value: $0 (shares issued as award, not purchased).
- Footnote: Shares granted pursuant to the 2010 Stock Incentive Plan (F1).
- Ownership/holding: Shares held by Smith as trustee of the Patti G. Smith Living Trust (F2).
- Shares owned after transaction: not specified in the provided filing.
Context Equity awards like this are typically part of director compensation and do not represent an open-market purchase or sale. Such grants are standard corporate practice to compensate and align directors with shareholder interests; they should not be interpreted as a market timing signal.