Potts Daniel W 4
4 · ACNB CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
ACNB Director Daniel W. Potts Receives 221.887-Share Award
What Happened
Daniel W. Potts, a director of ACNB Corp (ACNB), received 221.887 shares as an award/other acquisition on 2026-03-13. The filing lists a per-share price of $46.42, for a reported total value of approximately $10,300. This was a compensation-related issuance (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-13; Filing date: 2026-03-17 (filed within the standard two business-day window).
- Shares and price: 221.887 shares at $46.42 per share; total reported value ~$10,300.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes:
- F1: Execution date determined per SEC Rule 16a-3(g)(2) and (g)(4).
- F2: Shares were issued as director compensation under the company’s director compensation plan.
- F3: The amount includes shares acquired via automatic dividend reinvestment (DRIP), and those DRIP shares are exempt from Section 16 reporting requirements.
Context
This transaction reflects routine director compensation (stock awarded for service) rather than an independent buy or sell decision in the open market. While purchases can be a stronger signal of insider confidence, compensation awards like this are standard remuneration and should be interpreted accordingly. The filing appears timely and discloses that some of the shares result from dividend reinvestment, which may include fractional shares.
Insider Transaction Report
- Award
ACNB Corporation Common
[F1][F2][F3]2026-03-13$46.42/sh+221.887$10,300→ 10,044.117 total
Footnotes (3)
- [F1]The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
- [F2]The shares represent stock received as compensation for service as a director pursuant to a director compensation plan.
- [F3]This amount includes shares of common stock purchased for the same transaction date through the automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan, which are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934.