Form 4: ACNB Director Scott Kelley Acquires Shares

ACNB Corp. Director Scott L. Kelley acquired 149.5869 shares of common stock at $52.645 per share as director compensation, increasing his total beneficial ownership to 27,578.5053 shares.

Summary

• Scott L. Kelley, a Director of ACNB Corp. (ACNB), acquired 149.5869 shares of ACNB Corporation Common Stock.
• The transaction occurred on December 15, 2025, with a deemed execution date of December 16, 2025.
• The shares were acquired at a price of $52.645 per share.
• This acquisition represents stock received as compensation for service as a director, pursuant to a director compensation plan.
• The amount also includes shares purchased through the automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan, which are exempt from Section 16 reporting requirements.
• Following this transaction, Scott L. Kelley beneficially owns a total of 27,578.5053 shares of ACNB Corporation Common Stock directly.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even as compensation, is generally a neutral to slightly positive signal as it aligns insider interests with shareholders. The amount is relatively small, so the impact on overall sentiment is modest.

Positives

• A director increasing their stake in the company, even through compensation, can signal continued alignment of interests with shareholders.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged and systematic approach to equity transactions.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This insider transaction is specific to ACNB Corp. and its director compensation structure. It does not provide broader insights into industry trends or competitive landscape.

Related Party Transactions

• The acquisition of shares by Scott L. Kelley represents compensation for his service as a director, which is a transaction between the company and a related party (a director).

Stakeholder Impact

• Shareholders: The transaction indicates continued alignment of a director's interests with shareholders through equity ownership, potentially viewed as a minor positive signal.

Key Dates

Keywords

ACNB, Form 4, Insider Transaction, Director Compensation, Stock Acquisition, Beneficial Ownership, Equity Compensation, Dividend Reinvestment