Brian C. Mahlstedt - 01 Jul 2024 Form 4 Insider Report for FNCB Bancorp, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Jul 2024, 17:31:20 UTC
Prior SEC filing
16 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Stephanie A. Westington, CPA, as Attorney in Fact for Brian C. Mahlstedt

Key filing fact

Brian C. Mahlstedt filed Form 4 for FNCB Bancorp, Inc. on 01 Jul 2024.

Key facts

  • This page summarizes Brian C. Mahlstedt's Form 4 filing for FNCB Bancorp, Inc..
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 01 Jul 2024, 17:31.

Change

  • Previous filing in this sequence was filed on 16 May 2024.
  • Current net transaction value: -$29,936.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FNCB transaction

COMMON STOCK

Tax liability

Transaction value
$29,936
Shares
-4,435
Change %
-6.3%
Price
$6.75
Shares after
65,690
Date
01 Jul 2024
Ownership
Direct
Footnotes
F1
FNCB transaction

COMMON STOCK

Disposed to Issuer

Transaction value
$0
Shares
-6,856
Change %
-10%
Price
$0.000000
Shares after
58,834
Date
01 Jul 2024
Ownership
Direct
Footnotes
F2
FNCB transaction

COMMON STOCK

Disposed to Issuer

Transaction value
Shares
-58,834
Change %
-100%
Price
Shares after
0
Date
01 Jul 2024
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Brian C. Mahlstedt is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Represents shares of the Issuer's Common Stock forfeited by the Reporting Person to the Issuer for payment of tax liability by withholding shares of the Issuers' Common Stock incident to the vesting of shares of the Issuer's Common Stock issued in accordance with Rule 16b-3.

Footnote F2

Represents the disposition of shares of the Issuer's Common Stock to the Issuer pursuant to Rule 16b-3(e).

Footnote F3

The shares were disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 27, 2023, by and between Peoples Financial Services Corp. ("Peoples") and FNCB Bancorp, Inc. ("FNCB"). Pursuant to the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), each share of common stock, $1.25 par value, of FNCB was converted into the right to receive 0.1460 shares of common stock, $2.00 par value, of Peoples and cash in lieu of fractional shares.

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