FDBC.NASDAQFidelity D & D Bancorp INC

Form 4: Fidelity D & D Bancorp CFO Sells Shares to Cover Payroll Taxes

Sentiment:

SEC Form 4

📋All filings for Fidelity D & D Bancorp INC
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Salvatore R Defrancesco Jr., Treasurer & CFO of Fidelity D & D Bancorp Inc, disposed of 548 shares of common stock to cover payroll taxes on vested restricted stock.

Summary

  • On February 18, 2025, Salvatore R Defrancesco Jr., Treasurer & CFO of Fidelity D & D Bancorp Inc, sold 548 shares of common stock.
  • The transaction was executed at a price of $44.51 per share.
  • Following the transaction, Defrancesco directly owns 31,224.8796 shares of Fidelity D & D Bancorp Inc.
  • Defrancesco also holds stock appreciation rights for 15,350 shares of common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects a routine transaction for tax purposes and doesn't indicate any significant positive or negative implications for the company.

Industry Context

Form 4 filings are a routine part of the financial industry, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations related to vested stock.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

DateDescription
02/01/2026Expiration date for 2016 stock appreciation rights grant.
02/06/2027Expiration date for 2017 stock appreciation rights grant.
02/05/2028Expiration date for 2018 stock appreciation rights grant.
02/04/2029Expiration date for 2019 stock appreciation rights grant.
02/18/2025Date of transaction: CFO disposed of shares.
02/19/2025Date of signature on the Form 4 filing.

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