Form 4: Fidelity D & D Bancorp Inc. Executive Acquires Restricted Stock
SEC Form 4 Filing
Ruth G. Turkington, Chief Consumer Banking Officer of Fidelity D & D Bancorp Inc., acquired 1,657 shares of restricted common stock at $45.09 per share on February 18, 2025.
Summary
- On February 18, 2025, Ruth G. Turkington, Chief Consumer Banking Officer of Fidelity D & D Bancorp Inc., acquired 1,657 shares of restricted common stock.
- The price per share was $45.09.
- Following the transaction, Turkington beneficially owns 3,291.2158 shares of common stock.
- The restricted stock award has a three-year cliff vesting schedule, vesting fully on February 18, 2028.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an executive's stock acquisition, which is neither inherently positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and their potential impact on stock prices.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Acquisition of restricted common stock. |
| 02/18/2028 | Full vesting date of the restricted stock award. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Restricted Stock, Insider Trading, FDBC, Fidelity D & D Bancorp Inc., Turkington, Executive Compensation
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