Form 4: Fidelity D & D Bancorp VP & COO Eugene Walsh Reports Stock Transactions

Eugene J Walsh, VP & COO of Fidelity D & D Bancorp Inc, reports the sale and acquisition of company stock and restricted stock, along with holdings in stock appreciation rights.

Summary

• Eugene J Walsh, the VP & COO of Fidelity D & D Bancorp Inc (FDBC), filed a Form 4 detailing changes in beneficial ownership.
• On February 16, 2024, Walsh sold 545 shares of common stock at a price of $49.47 per share.
• On February 20, 2024, Walsh acquired 785 shares of restricted common stock at a price of $46.96 per share.
• Following these transactions, Walsh directly owns 14,520.2372 shares of common stock and restricted stock.
• Walsh also holds stock appreciation rights relating to 6,966 shares of common stock, granted between 2016 and 2019, which are fully vested.
• These stock appreciation rights expire between February 2026 and February 2029.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may provide insights to shareholders regarding the executive's view on the company's stock value.

Key Dates