Form 4: Fidelity D & D Bancorp Inc: General Counsel Acquires Restricted Stock
SEC Form 4 Filing
Theresa M Hinton, General Counsel of Fidelity D & D Bancorp Inc, acquired 275 shares of restricted common stock at $46.96 per share on February 20, 2024.
Summary
- On February 20, 2024, Theresa M Hinton, the General Counsel of Fidelity D & D Bancorp Inc [FDBC], acquired 275 shares of restricted common stock.
- The price per share was $46.96.
- Following the transaction, Hinton directly owns 2,106.6333 shares of the company's common stock.
- The restricted stock vests in three years on February 20, 2027.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
Positives
- The General Counsel's acquisition of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides shareholders with information about insider activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/20/2024 | Date of transaction: Theresa M Hinton acquired 275 shares of restricted common stock. |
| 02/20/2027 | Date of full vesting of the restricted stock award. |
| 02/29/2024 | Date of signature on the Form 4 filing. |
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