Form 4: Fidelity D & D Bancorp Executive VP Michael J Pacyna Jr. Reports Stock Transaction
SEC Form 4 Filing
Executive VP & CLO of Fidelity D & D Bancorp, Michael J Pacyna Jr., reports the disposition of 422 shares of common stock to cover payroll taxes on vested restricted stock.
Summary
- On February 18, 2025, Michael J Pacyna Jr., Executive VP & CLO of Fidelity D & D Bancorp, filed a Form 4.
- The form reports the disposition of 422 shares of common stock at a price of $44.51.
- This transaction was to cover payroll taxes on vested restricted stock.
- Following the transaction, Pacyna directly owns 8,952.1314 shares of common stock.
- Pacyna also holds stock appreciation rights for 6,664 shares of common stock, granted between 2016 and 2019, which have all vested and expire between 2026 and 2029.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction for tax purposes and doesn't indicate any significant change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, 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 has a minimal impact on shareholders as it is a small disposition of shares by an executive for tax purposes.
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. |
| 02/04/2029 | Expiration date for 2019 stock appreciation rights grant. |
| 02/18/2025 | Date of stock disposition transaction. |
| 02/19/2025 | Date of Form 4 filing. |
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