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8-K filed February 21, 2024, 6:59 PM ET ticker ACNB CIK 0000715579
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ACNB Corporation amends bylaws to raise director stock ownership requirement to 1,500 shares

ACNB CORP

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 1.0

ACNB CORP: Amended bylaws to increase director share ownership requirement from 500 to 1,500 shares, replace gender-specific pronouns with gender-inclusive pronouns, and replace 'chairman' with 'chair' (effective 2024-02-20).

Change
bylaw amendment
Effective
2024-02-20
Exact text from the filing
On February 20, 2024, the Board of Directors of ACNB Corporation (the "Corporation") amended Article II, Section 203 of the Bylaws of the Corporation increasing the minimum number of shares that a director must own to qualify for and serve on the Board of Directors from five hundred (500) shares of common stock to one thousand five hundred (1,500) shares of common stock. In addition, the Bylaws were amended to (1) replace all gender-specific pronouns with gender inclusive pronouns and (2) to replace all references to the title "chairman" with "chair".
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Source: SEC EDGAR
accession 0000715579-24-000025
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