secwatch.observer — SEC 8-K summary
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Issuer:     AUBURN NATIONAL BANCORPORATION, INC (AUBN)
CIK:        0000750574
Form:       8-K
Filed at:   2026-06-05T20:45:29+00:00
Accession:  0001193125-26-259810
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Auburn National Bancorp grants 4,475 RSUs to three named executive officers
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- RSUs awarded on June 5, 2026: CEO David Hedges (2,078), W. James Walker IV (1,207), Robert L. Smith (1,190).
- Each RSU converts to one share of common stock upon vesting; vesting occurs 33% June 2027, 33% June 2028, 34% June 2029.
- RSUs include Dividend Equivalents issued as additional RSUs equal to dividend per share divided by closing price on dividend date.
- Acceleration provisions apply for death, disability, retirement, termination without cause, or change in control without assumption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750574/000119312526259810/0001193125-26-259810-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750574/000119312526259810/d111677d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-259810

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer