Form 4: Farmers National Banc Corp. CEO Kevin J. Helmick Reports Stock Gifts to Minor Children
SEC Form 4 Filing
CEO Kevin J. Helmick of Farmers National Banc Corp. reports gifting shares of common stock to his minor children and a transfer of shares.
Summary
- On March 21, 2024, Kevin J. Helmick, the President & CEO of Farmers National Banc Corp, reported a transaction involving the company's common stock.
- Helmick gifted 3,000 shares of Farmers National Banc Corp. common stock.
- He also reported acquisitions of 1,000 shares each for three minor children.
- These shares are held indirectly.
- Following these transactions, Helmick directly owns 147,315 shares.
- His minor children each indirectly own 12,137, 12,137 and 12,101 shares respectively.
- Helmick's 401k Plan owns 14,684 shares and his spouse owns 2,440 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports routine transactions. There is no indication of positive or negative performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in the financial industry. It provides transparency into the holdings of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction: gift of shares and acquisitions for minor children |
| 03/22/2024 | Date of signature on the Form 4 filing |
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