Filing Details

Accession Number:
0001209191-22-006263
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-02-02 13:21:31
Reporting Period:
2021-12-10
Accepted Time:
2022-02-02 13:21:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
709337 Farmers National Banc Corp FMNB State Commercial Banks (6022) 341371693
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1205110 Timothy Carney 20 S Broad Street
Po Box 555
Canfield OH 44406
Sevp/Chief Banking Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Farmers National Banc Corp. Common Stock Disposition 2021-12-10 2,002 $17.85 55,656 No 4 S Indirect By 401k
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By 401k
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Farmers National Banc Corp. Common Stock 61,560 Direct
Footnotes
  1. Effective November 1, 2021, the Issuer acquired Cortland Bancorp ("Cortland") by merger (the "Merger"). Following the Merger, the Issuer merged Cortland's 401(k) Plan into the Issuer's 401(k) Plan (the "Plan Merger"). Prior to the Plan Merger, the Cortland 401(k) Plan included a self-directed brokerage account investment option, which is not available under the Issuer's 401(k) Plan. The Cortland 401(k) Plan notified individuals that all investments held in the self-directed brokerage account would be liquidated as part of the Plan Merger. In anticipation of that forced liquidation, the reporting person sold 2,002 shares of the Issuer's common stock that the reporting person had owned under the self-directed brokerage account under the Cortland 401(k) Plan. The price reported reflects the sale price per share of $17.85.