FULK BRETT D 4
4 · ACNB CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
ACNB EVP Brett D. Fulk Receives Restricted Stock Award
What Happened
- Brett D. Fulk, Executive Vice President of ACNB Corp (ACNB), was granted a Variable Equity Award of 3,239.293 restricted shares on March 13, 2026. The award is valued at $46.42 per share for a total grant value of $150,368.
- To satisfy the tax withholding obligation, 315.184 of the granted shares were withheld by the issuer (not sold on the open market) at the same price, representing $14,631. Net shares issued to Fulk after withholding: 2,924.109 shares.
Key Details
- Transaction date: March 13, 2026; Filing date: March 17, 2026 (filed within the SEC’s 2-business-day window).
- Grant terms: 3,239.293 shares @ $46.42 = $150,368 (award code A).
- Tax withholding: 315.184 shares @ $46.42 = $14,631 (withheld; code F). The shares were retained by ACNB to cover tax liability—no open-market sale by the insider.
- Vesting: One-third (1/3) of this Variable Equity Award vested 100% on the grant date (3/13/2026). The next one-third vests 100% on 1/1/2027 and the final one-third vests 100% on 1/1/2028.
- Shares owned after transaction: Not reported in the Form 4 provided.
- Execution/date note: Date determined per SEC Rule 16a-3(g)(2) and (g)(4) (standard procedural detail).
Context
- This was a restricted stock award (compensation-related grant), not a purchase or open-market sale. The taxable portion was satisfied by share withholding (common practice for equity awards), so there was no cashless sale by the insider.
- Awards and standard withholding do not necessarily indicate a positive or negative view of the stock; they reflect compensation and tax mechanics.
Insider Transaction Report
Form 4
ACNB CORPACNB
FULK BRETT D
Other
Transactions
- Award
ACNB Corporation Common
[F1][F2]2026-03-13$46.42/sh+3,239.293$150,368→ 4,286.812 total - Tax Payment
ACNB Corporation Common
[F1][F3]2026-03-13$46.42/sh−315.184$14,631→ 3,971.628 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/ Brett D. Fulk|2026-03-17