Form 4: Fidelity D & D Bancorp CFO Reports Stock Sale and Acquisition

Salvatore R Defrancesco Jr., CFO of Fidelity D & D Bancorp, reports the sale of 417 shares and acquisition of 941 restricted shares of common stock.

Summary

• On February 16, 2024, Salvatore R Defrancesco Jr., the Treasurer & CFO of Fidelity D & D Bancorp Inc, sold 417 shares of common stock at a price of $49.47 per share.
• On February 20, 2024, Defrancesco acquired 941 shares of restricted common stock at $46.96 per share.
• Following these transactions, Defrancesco directly owns 30,500.3607 shares of common stock.
• Defrancesco also holds stock appreciation rights relating to 15,350 common shares.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions by an insider. The sale and acquisition could be for various personal financial reasons and doesn't necessarily indicate a positive or negative outlook on the company.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is a standard practice in the financial industry to monitor such filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the small volume of shares involved.
• The filing provides transparency to stakeholders regarding insider transactions.

Key Dates