Weber Jason H 4
4 · ACNB CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
ACNB CFO Jason Weber Receives Restricted Stock Award
What Happened Jason H. Weber, EVP, Treasurer & Chief Financial Officer of ACNB Corp (ACNB), was granted a Variable Equity Award in the form of 3,441.965 restricted shares on March 13, 2026, valued at $46.42 per share (total ~$159,776). To cover tax withholding on the vested portion, 329.74 shares were withheld by the company at the same price, equal to ~$15,307; these were withheld for taxes and were not sold on the open market.
Key Details
- Transaction date: March 13, 2026; Form filed March 17, 2026.
- Award: 3,441.965 restricted shares @ $46.42 = $159,776 (transaction code A).
- Tax withholding: 329.74 shares withheld @ $46.42 = $15,307 (transaction code F); shares withheld, not sold.
- Vesting: One-third (1/3) of the award (the portion that vested on the grant date) is 100% vested as of March 13, 2026; the next one-third vests 100% on Jan 1, 2027, and the final one-third vests 100% on Jan 1, 2028 (per filing footnotes).
- Execution/date mechanics: Determined per SEC Rule 16a-3(g)(2) and (g)(4) (footnote).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context This was a compensation-related award (not an open-market purchase or sale). The withholding of shares to satisfy tax liabilities is a common administrative step and should not be interpreted as a separate sale by the insider.
Insider Transaction Report
- Award
ACNB Corporation Common
[F1][F2]2026-03-13$46.42/sh+3,441.965$159,776→ 11,536.324 total - Tax Payment
ACNB Corporation Common
[F1][F3]2026-03-13$46.42/sh−329.74$15,307→ 11,206.584 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.