Form 4: ACNB Corp Director Scott L. Kelley Reports Stock Acquisition and Disposal

Director Scott L. Kelley reports acquiring shares of ACNB Corp stock as compensation and disposing of shares through dividend reinvestment.

Summary

• On March 14, 2025, ACNB Corp Director Scott L. Kelley acquired shares of ACNB Corporation common stock as compensation for service as a director.
• The acquisition involved 190.7935 shares at a price of $41.275 per share.
• Kelley also disposed of shares through the automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan.
• Following these transactions, Kelley beneficially owns 26,654.3782 shares of ACNB Corporation common stock.
• The execution date for the dividend reinvestment was determined in accordance with SEC rules.
• Kevin J. Hayes signed the report as POA for Scott L. Kelley on March 19, 2025.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reports routine stock transactions by a director. The acquisition as compensation is a slightly positive sign, but the dividend reinvestment is a standard practice.

Positives

• Director's stock acquisition reflects confidence in the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

Keywords

ACNB Corp, Scott L. Kelley, Director, Stock Acquisition, Dividend Reinvestment, Form 4, SEC, Beneficial Ownership