January 1, 2025 · Form 4 insider transaction
Weber Jason H sold 1,246.194 shares of ACNB CORP at $39.66 per share, a transaction worth $49.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).; The shares disposed were withheld by the Issuer and/or its subsidiary ACNB Bank for payment of the tax liability, on restricted shares previously awarded on March 15, 2023 and March 15, 2024 under the ACNB Bank Variable Compensation Plan and pursuant to the ACNB Corporation 2018 Omnibus Stock Incentive Plan, that vested on January 1, 2025, in accordance with SEC Rule 16b-3. For clarification, the executive did not sell the shares.