{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-008408","form_type":"8-K","ticker":"ACNB","cik":"0000715579","company_name":"ACNB CORP","filed_at":"2025-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.158418+00:00","generated_at":"2026-05-27T04:18:26.357355+00:00","sec_items":["2.01","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ACNB completes acquisition of Traditions Bancorp, issuing ~2.04M shares; adds three directors","bullets":["Deal closed Feb 1, 2025; Traditions shareholders received 0.7300 ACNB shares per share of Traditions common.","Combined pro forma: $3.26B assets, $2.04B deposits, $2.36B loans; 35 branches in PA and MD.","Three Traditions directors joined ACNB board: Carson, Draganosky (Vice Chair), and Polli.","Former Traditions CEO Draganosky gets $1.37M severance, $800K life insurance, 18-month non-compete.","ACNB to issue ~2.04M shares; cash for fractional shares at $39.09 per whole ACNB share."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-008408","json":"https://secwatch.observer/filing/0001104659-25-008408.json","markdown":"https://secwatch.observer/filing/0001104659-25-008408.md","text":"https://secwatch.observer/filing/0001104659-25-008408.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/715579/000110465925008408/0001104659-25-008408-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/715579/000110465925008408/tm254970d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T04:18:26.357355+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"33abb9f2ee","claim":"John M. Polli was appointed as Director at ACNB CORP.","evidence_excerpt":"John M. Polli, former Director of Traditions and Traditions Bank, was appointed as a Class 3 director of ACNB.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/715579/000110465925008408/0001104659-25-008408-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"9d2f268650","claim":"Elizabeth F. Carson was appointed as Director at ACNB CORP.","evidence_excerpt":"Elizabeth F. Carson, former Lead Independent Director of Traditions and Traditions Bank, was appointed as a Class 2 director of ACNB.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/715579/000110465925008408/0001104659-25-008408-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ec4a3263a0","claim":"Eugene J. Draganosky was appointed as Vice Chair of the Board of Directors at ACNB CORP.","evidence_excerpt":"Eugene J. Draganosky, former Director, Chair of the Board, and CEO of Traditions and Traditions Bank, was appointed as a Class 1 director of ACNB and a Vice Chair of the Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/715579/000110465925008408/0001104659-25-008408-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Vice Chair of the Board of Directors"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}