Amber B. Wallace, who serves as Senior Executive Vice President and Chief Retail & Marketing Officer at Farmers National Banc Corp (NASDAQ:FMNB), reported a series of transactions in the companys stock spanning early January and February 2026.
On January 2, 2026, Wallace purchased 14 shares at $13.35 per share, equating to $186. A month later, on February 2, 2026, she added 15 shares at $13.02 each, for a total of $195.
Wallace also executed larger activity later in February. On February 20, she purchased 5,839 shares at $13.60 apiece, for an aggregate cost of $79,410. That same day, she disposed of 2,782 shares at $13.60, receiving $37,835 from the sale. On February 24, Wallace acquired 2,929 restricted shares.
Farmers National Banc Corp currently offers a quarterly cash dividend of $0.17 per share. The dividend is payable on February 27, 2026, to shareholders of record as of February 13, 2026. The company also reports a long track record of dividend payments, having maintained distributions for 33 consecutive years and yielding 5.19% based on the current payout level.
Merger developments and shareholder process
Shareholders of both Farmers National Banc Corp. and Middlefield Banc Corp. have approved the proposed merger that will see Middlefield merge into Farmers. The transaction, expected to close during the first quarter of 2026, remains subject to the completion steps that follow shareholder approval.
Institutional Shareholder Services (ISS), an independent proxy advisory firm, recommended that shareholders of both companies vote in favor of all proposals connected to the merger. Special shareholder meetings were scheduled for February 10, 2026, where final votes were to be cast. Farmers National Banc Corp. issued a reminder for shareholders to cast their votes by February 9, 2026. The Farmers board of directors has endorsed voting in favor of the merger and all related proposals.
Context and available resources
Investors seeking additional analysis can consult FMNBs Pro Research Report, which is listed as one of the 1,400 plus reports accessible on InvestingPro.
The sequence of Wallaces trades - small purchases in early January and February followed by a much larger purchase and a same-day disposition in late February, and the later grant of restricted shares - are recorded in company filings and form part of the public disclosure around insider activity. The merger timeline, proxy recommendations and scheduled votes are also part of the companys public communications to shareholders.
This article presents the reported transactions and the companies stated merger timetable and does not extrapolate beyond the disclosed facts.