Form 4: Farmers National Banc Corp Director Helmick Reports Stock Award and Tax Withholding

Kevin J. Helmick, a director and President & CEO of Farmers National Banc Corp, reported the acquisition of shares through a restricted stock award and the disposition of shares for tax withholding.

Summary

• On February 25, 2025, Kevin J. Helmick, a director and the President & CEO of Farmers National Banc Corp, reported transactions involving the company's common stock.
• Helmick acquired 7,646 shares of Farmers National Banc Corp common stock through a restricted stock award, with the restrictions lapsing on the third anniversary of the grant date.
• Simultaneously, 9,939 shares were disposed of at a price of $14.47 per share to cover tax obligations related to the award.
• Following these transactions, Helmick directly owns 148,567 shares of Farmers National Banc Corp common stock.
• Helmick also has indirect ownership through a minor child (12,137 shares), a 401k plan (15,404 shares) and a spouse (2,440 shares).

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The stock award suggests confidence in the company's future, while the tax withholding is a standard procedure.

Positives

• The acquisition of shares through a restricted stock award aligns Helmick's interests with the long-term performance of the company.

Negatives

• The disposition of shares to cover tax obligations, while common, slightly reduces Helmick's direct holdings in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices through stock awards and tax-related dispositions.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and ownership.

Key Dates