ACNB CORP 8-K

What Happened ACNB Corporation (ACNB) filed an 8-K (dated March 18, 2026) to report that, on March 13, 2026, its Boards of Directors approved grants of restricted stock (Variable Equity Awards) to five executive officers, following the Compensation Committee’s recommendation. Awards were granted under the ACNB Bank Variable Compensation Plan and the ACNB Corporation 2018 Omnibus Stock Incentive Plan and are governed by a standard Employee Award Agreement that sets vesting, forfeiture and termination rules.

Key Details

• Grant date: March 13, 2026; 8-K filed March 18, 2026.
• Recipients and shares awarded:
  • James P. Helt, President & CEO — 8,419.4313 shares
  • Jason H. Weber, EVP/Treasurer & CFO — 3,441.9647 shares
  • Douglas A. Seibel, EVP/Chief Lending Officer — 3,131.9259 shares
  • Laurie L. Laub, EVP/Chief Credit Officer — 3,277.5959 shares
  • Brett D. Fulk, EVP/Chief Strategy Officer — 3,239.2934 shares
• Vesting schedule: 1/3 vested immediately as of grant date, 1/3 vested January 1, 2027, and final 1/3 vested January 1, 2028, subject to forfeiture/accelerated vesting provisions in the award agreement.
• Awards are subject to the terms of the referenced equity plans and the Employee Award Agreement filed as exhibits to the 8-K.

Why It Matters These grants increase executive equity ownership and align executive pay with shareholder outcomes by using time‑based restricted stock. The immediate one‑third vesting provides near‑term value to the named officers, while the remaining shares vest over 2027–2028 to support retention. Investors should note these are compensation awards (not performance results) and may lead to future share issuance if and when restricted shares vest.