---
schema_version: "secwatch.filing_event.v1"
accession: "0000715579-24-000025"
form_type: "8-K"
ticker: "ACNB"
cik: "0000715579"
company_name: "ACNB CORP"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:28:48.587758+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# ACNB Corporation amends bylaws to raise director stock ownership requirement to 1,500 shares

## Summary
- Board increased minimum director share ownership from 500 to 1,500 shares.
- Bylaws amended to replace gender-specific pronouns with gender-inclusive pronouns.
- References to 'chairman' replaced with 'chair' throughout the bylaws.

## SEC filing metadata
- accession: 0000715579-24-000025
- form_type: 8-K
- ticker: ACNB
- cik: 0000715579
- company_name: ACNB CORP
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/715579/000071557924000025/0000715579-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/715579/000071557924000025/acnb-20240220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000715579-24-000025
- JSON: https://secwatch.observer/filing/0000715579-24-000025.json
- Plain text: https://secwatch.observer/filing/0000715579-24-000025.txt

## Key facts
- Governance Changes
  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
  source text: 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".
  evidence_url: https://www.sec.gov/Archives/edgar/data/715579/000071557924000025/0000715579-24-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.