January 1, 2024 · Form 4 insider transaction
Seibel Douglas A sold 583.287 shares of ACNB CORP at $44.93 per share, a transaction worth $26.2K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).; This amount is in payment of the tax liability, by withholding of securities, on restricted shares previously awarded on March 15, 2022 and March 15, 2023 under the ACNB Bank Variable Compensation Plan and pursuant to the ACNB Corporation 2018 Omnibus Stock Incentive Plan, that vested on January 1, 2024, in accordance with SEC Rule 16b-3.; The amount of securities beneficially owned includes 178.9913 aggregate shares of common stock acquired in 2023 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.