Form 4: Fidelity D & D Bancorp Inc. Director Santaniello Acquires Restricted Stock
SEC Form 4 Filing
Daniel J. Santaniello, President & CEO and Director of Fidelity D & D Bancorp Inc., acquired 1,764 shares of restricted common stock at $46.96 per share on February 20, 2024.
Summary
- On February 20, 2024, Daniel J. Santaniello, President & CEO and Director of Fidelity D & D Bancorp Inc., acquired 1,764 shares of restricted common stock.
- The price per share was $46.96.
- Following the transaction, Santaniello directly owns 55,612.2687 shares of common stock.
- Santaniello also holds stock appreciation rights relating to 13,626 shares of common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment. The document simply reports an insider transaction, which can be interpreted as mildly positive but doesn't provide strong directional information.
Positives
- The CEO's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Insider transactions are routinely monitored to gauge executive sentiment and potential future performance of the company. Purchases are generally seen as a positive sign.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
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. |
| 02/20/2027 | Full vesting date for restricted stock award. |
| 02/05/2028 | Expiration date for 2018 stock appreciation rights grant. |
| 02/04/2029 | Expiration date for 2019 stock appreciation rights grant. |
| 02/20/2024 | Date of restricted stock acquisition. |
| 02/29/2024 | Date of Form 4 filing. |
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