Form 4: Fidelity D & D Bancorp CFO Reports Stock Transaction
SEC Form 4 Filing
Salvatore R Defrancesco Jr., CFO of Fidelity D & D Bancorp, reports acquisition and disposal of common stock.
Summary
- On February 18, 2025, Salvatore R Defrancesco Jr., Treasurer & CFO of Fidelity D & D Bancorp Inc., reported a transaction involving the company's common stock.
- He acquired 1,813 shares of restricted common stock at a price of $45.09 per share.
- He also disposed of 33,037.8796 shares to cover payroll taxes on vested restricted stock.
- Following these transactions, Defrancesco directly owns 15,350 stock appreciation rights exercisable into common stock.
- These stock appreciation rights were granted in 2016, 2017, 2018 and 2019 and expire between 2026 and 2029.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/01/2026 | Expiration date for 2016 stock appreciation rights grant. |
| 02/06/2027 | Expiration date for 2017 stock appreciation rights grant. |
| 02/05/2028 | Expiration date for 2018 stock appreciation rights grant; full vesting of restricted stock award. |
| 02/04/2029 | Expiration date for 2019 stock appreciation rights grant. |
| 02/18/2025 | Date of stock acquisition and disposal by CFO. |
| 02/20/2025 | Date of Form 4 signature. |
Keywords
Form 4, Insider Trading, Stock Appreciation Rights, Restricted Stock, FDBC, Fidelity D & D Bancorp, Defrancesco, CFO, Common Stock
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