Key facts
- This page summarizes James P. Chiaro's Form 4 filing for FNCB Bancorp, Inc..
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 01 Jul 2024, 17:37.
James P. Chiaro - 01 Jul 2024 Form 4 Insider Report for FNCB Bancorp, Inc.
- Reporting relationship
- EVP/CHIEF INV SERVICES OFFICER
- Issuer ticker
- N/A
- Reported as of
- 01 Jul 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 01 Jul 2024, 17:37:04 UTC
- Prior SEC filing
- 07 Feb 2024
- Next SEC filing
- 14 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Stephanie A. Westington, CPA, as Attorney in Fact for James P. Chiaro
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
James P. Chiaro filed Form 4 for FNCB Bancorp, Inc. on 01 Jul 2024.
Change
- Previous filing in this sequence was filed on 07 Feb 2024.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FNCB
transaction
COMMON STOCK
Disposed to Issuer
- Transaction value
- Shares
- -1,060
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 Jul 2024
- Ownership
- Direct
- Footnotes
- F1, F2
FNCB
transaction
COMMON STOCK
Disposed to Issuer
- Transaction value
- Shares
- -25,384
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 Jul 2024
- Ownership
- By Chiaro Investment Services, LLC
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
James P. Chiaro 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
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.
Footnote F2
This amount includes 32.054 shares acquired in June 2024 by the Reporting Person pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan.
Footnote F3
Includes 13,551 restricted shares of FNCB's common stock that were issued in connection with the purchase of substantially all of the assets of Chiaro Investment Services, LLC pursuant to the Asset Purchase Agreement dated September 30, 2022 by and between FNCB and the Chiaro Investment Services, LLC and consummated on the same date ("Purchase Agreement"). The remaining restricted shares of common stock will be released based on the achievement of quarterly net commissions and fees in accordance with a schedule set forth in the Purchase Agreement. Any shares not eligible to be released by August 15, 2027 will be forfeited and canceled.