Form 4: Embassy Bancorp EVP Receives Restricted Stock Grant

Embassy Bancorp, Inc.'s EVP of Branch Administration, Brandi Stefanov, was granted 303 shares of restricted common stock as part of the company's 2010 Stock Incentive Plan.

Summary

• Brandi Stefanov, Executive Vice President of Branch Administration at Embassy Bancorp, Inc., acquired 303 shares of common stock.
• The acquisition, a grant of restricted stock, occurred on December 15, 2025.
• The shares were granted at a price of $0.
• This grant was made pursuant to the Amended and Restated 2010 Stock Incentive Plan.
• The restricted shares will vest one-third each year over a three-year period.
• Following this transaction, Brandi Stefanov beneficially owns a total of 1,368.4147 shares of common stock.

Sentiment

Score: 7

Explanation: The grant of restricted stock to a key executive is generally positive as it aligns management's interests with shareholders and serves as a retention tool, indicating stability in leadership and a commitment to long-term value creation.

Positives

• The grant of 303 restricted shares to a key executive, Brandi Stefanov, aligns management interests with those of shareholders.
• The three-year vesting schedule for the restricted shares acts as a retention incentive for the executive.

Future Outlook

The vesting schedule of the restricted stock grant over a three-year period suggests a long-term retention strategy for the executive, aiming to align their interests with sustained company performance.

Industry Context

Restricted stock grants are a common form of executive compensation in the banking and financial services industry. They are widely used to align executive incentives with long-term company performance and shareholder value, promoting stability and commitment from key personnel.

Related Party Transactions

• The transaction involves an executive (Brandi Stefanov) and the company (Embassy Bancorp, Inc.), which is considered an insider transaction under Section 16 of the Securities Exchange Act of 1934.

Stakeholder Impact

• Shareholders: Potential minor dilution from new share issuance, but also improved alignment of executive incentives with long-term shareholder value and retention of key talent.
• Employees: May signal stability in executive leadership and continued use of equity-based compensation plans as part of overall employee incentives.

Next Steps

• The 303 restricted shares will vest one-third each year over a three-year period, starting from December 15, 2025.

Key Dates

Recommendation

This Form 4 filing reports a routine restricted stock grant to an executive, which is a positive for executive alignment and retention but does not provide sufficient new information to warrant a change in investment recommendation. It's a standard compensation event that reinforces existing management incentives.

Keywords

Embassy Bancorp, EMYB, Insider Transaction, Restricted Stock, Stock Grant, Executive Compensation, Form 4, Brandi Stefanov