Bonanno Adam D. 4

What Happened

• Adam D. Bonanno, Chief Information Officer of Fidelity D & D Bancorp (FDBC), was granted 1,000 shares on March 18, 2026. The award was reported as an acquisition (code A) at $43.64 per share, a total grant value of $43,640.
• This is an equity award/compensation grant (not an open-market purchase), so it reflects company compensation rather than a direct insider buy or sell.

Key Details

• Transaction date: March 18, 2026; Form 4 filed March 20, 2026.
• Price per share: $43.64; Total value: $43,640.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The award follows a 0% / 0% / 100% three-year cliff vesting schedule and will be fully vested on March 18, 2029.
• No 10b5-1 plan, tax-withholding sale, or gift notation reported in the provided details.
• Filing timeliness: Filed two days after the transaction date (within the typical Form 4 reporting window); not indicated as late.

Context

• Awards like this are common as part of executive compensation; they are granted by the company and generally vest over time. Because this is a time-vesting award (cliff vesting), the shares are not transferable/owned outright by the insider until the vest date.
• For retail investors, such grants signal how the company compensates executives but are not the same signal as an insider buying shares on the open market.