HELT JAMES 4
4 · ACNB CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
ACNB CEO James Helt Receives Restricted Stock Award
What Happened
- James Helt, President & CEO (and director) of ACNB Corp (ACNB), received a Variable Equity Award granted as restricted stock on March 13, 2026. He was awarded 8,419.431 shares at a reported fair value of $46.42 per share, totaling $390,830 (transaction code A — award/acquisition).
- To satisfy tax withholding on the first one-third that vested immediately, 799.565 shares were withheld by the issuer (transaction code F — tax withholding/ disposition) at the same $46.42/share value, equal to $37,116. The withheld shares were not sold on the open market.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (timely filing).
- Award details: 8,419.431 restricted shares @ $46.42 = $390,830.
- Tax withholding: 799.565 shares withheld @ $46.42 = $37,116 (shares withheld, not sold).
- Vesting: One-third (1/3) vested 3/13/2026; next 1/3 vests 1/1/2027; final 1/3 vests 1/1/2028 (footnote).
- Shares owned after the transaction: not reported in the filing.
Context
- This was a compensation award (restricted stock) rather than an open-market purchase or sale. The immediate withholding to cover taxes is a common administrative step and does not indicate a market sale of shares. The filing notes the execution date and withholding per SEC rules; no sale of shares by the insider was reported.
Insider Transaction Report
Form 4
ACNB CORPACNB
HELT JAMES
DirectorPresident & CEO
Transactions
- Award
ACNB Corporation Common
[F1][F2]2026-03-13$46.42/sh+8,419.431$390,830→ 47,511.55 total - Tax Payment
ACNB Corporation Common
[F1][F3]2026-03-13$46.42/sh−799.565$37,116→ 46,711.984 total
Footnotes (3)
- [F1]The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
- [F2]One-third (1/3) of this Variable Equity Award, granted in the form of restricted stock under the ACNB Bank Variable Compensation Plan and pursuant to the ACNB Corporation 2018 Omnibus Stock Incentive Plan, is 100% vested as of the Grant Date of March 13, 2026, with the next one-third (1/3) 100% vested as of January 1, 2027, and the final one-third (1/3) 100% vested as of January 1, 2028.
- [F3]The shares disposed were withheld by the Issuer and/or its subsidiary ACNB Bank for payment of the tax liability by withholding of securities, on the first one-third (1/3) vested as of the Grant Date of March 13, 2026, in accordance with SEC Rule 16b-1. For clarification, the executive did not sell the shares.
Signature
/s/ James P. Helt|2026-03-17