Form 4: Farmers National Banc Corp Executive Sells Shares
SEC Form 4
Timothy F. Shaffer, SEVP and CCO of Farmers National Banc Corp, sold 1,799 shares of common stock at an average price of $15.00 on September 5, 2024.
Summary
- On September 5, 2024, Timothy F. Shaffer, the SEVP and CCO of Farmers National Banc Corp, sold 1,799 shares of the company's common stock.
- The sale was executed at a weighted average price of $15.00, with individual trades ranging from $14.99 to $15.03.
- Following the transaction, Shaffer directly owns 35,282.428 shares of Farmers National Banc Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction, with no indication of positive or negative implications for the company.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 09/05/2024 | Date of the stock sale transaction |
| 09/06/2024 | Date of signature on the Form 4 filing |
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