other material
confidence high
sentiment neutral
materiality 0.40
ACNB grants ~19,150 restricted shares to CEO, CFO, and two EVPs
ACNB CORP
- CEO James P. Helt awarded 8,512 restricted shares; CFO Jason H. Weber awarded 3,714 shares.
- EVP/Chief Lending & Revenue Officer Douglas A. Seibel awarded 3,387 shares; EVP/Chief Credit & Operations Officer Laurie L. Laub awarded 3,537 shares.
- One-third vests immediately; remaining thirds vest on Jan 1, 2025 and Jan 1, 2026.
- Unvested shares forfeited on termination except qualified retirement (age 62+) with continued vesting.
- No dividends on unvested shares; subject to clawback on accounting restatement.