Form 4: Fidelity D & D Bancorp Executive VP Sells Shares
SEC Form 4 Filing
Michael J Pacyna Jr., Executive VP & CLO of Fidelity D & D Bancorp Inc, sold 154 shares of common stock on March 26, 2024.
Summary
- On March 26, 2024, Michael J Pacyna Jr., Executive VP & CLO of Fidelity D & D Bancorp Inc, sold 154 shares of common stock at a price of $46.58 per share.
- Following the transaction, Pacyna directly owns 9,164.1869 shares of Fidelity D & D Bancorp Inc.
- Pacyna also holds stock appreciation rights relating to 6,664 common shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It's a routine filing and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The sale of shares by an executive may be interpreted in various ways, but without additional context, it's difficult to ascertain the specific reason behind the transaction.
Stakeholder Impact
- The sale of shares by an executive could have a minor psychological impact on shareholders, but the quantity is unlikely to have a material impact.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of transaction: Michael J Pacyna Jr. sold 154 shares of common stock. |
| 03/27/2024 | Date of signature on the Form 4 filing. |
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