Form 4: Fidelity D & D Bancorp CEO Acquires 3,500 Shares of Restricted Common Stock

Daniel J. Santaniello, President & CEO of Fidelity D & D Bancorp Inc, acquired 3,500 shares of restricted common stock at $45.09 per share on February 18, 2025.

Summary

• On February 18, 2025, Daniel J. Santaniello, the President & CEO of Fidelity D & D Bancorp Inc, acquired 3,500 shares of restricted common stock.
• The purchase price was $45.09 per share.
• Following the transaction, Santaniello directly owns 59,088.8107 shares of common stock.
• The acquired restricted stock vests in three years, with full vesting on February 18, 2028.
• Santaniello also holds stock appreciation rights relating to 13,626 shares of common stock, granted between 2016 and 2019, which are fully vested and expire between 2026 and 2029.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is generally a positive sign, but it's a relatively small transaction.

Positives

• The CEO's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally viewed more positively than sales.

Stakeholder Impact

• The CEO's stock purchase could positively influence shareholder sentiment.

Key Dates

Keywords

Form 4, Insider Trading, Stock Appreciation Rights, Restricted Stock, Daniel J. Santaniello, Fidelity D & D Bancorp Inc, FDBC, CEO