Gina A. Richardson, a member of the board at Farmers National Banc Corp (NASDAQ:FMNB), purchased 1,231 shares of the bank's common stock on March 5, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were acquired at $12.91 apiece, bringing the total consideration for the transaction to $15,892.
Following the acquisition, Richardson's direct ownership in Farmers National Banc Corp stands at 15,305 shares.
The filing arrives as Farmers National Banc's shares trade below their InvestingPro Fair Value assessment, a dynamic the filing notes could imply potential upside for investors. The company also advertises a 5.2% dividend yield and a price-to-earnings ratio of 8.88. Those metrics are cited in analysis that characterizes the stock as appearing undervalued at current market levels.
Separately, Farmers National Banc Corp has finalized its merger with Middlefield Banc Corp. The transaction expands the combined bank's footprint across Northeast, Central, and Western Ohio, including the Columbus market. Together, the merged entity now manages in excess of $7.4 billion in banking assets and $4.7 billion in wealth management assets, and it operates 83 branches across Ohio and Pennsylvania.
The merger received shareholder approval from both companies, and Institutional Shareholder Services recommended a favorable vote on the merger proposals. Company statements indicate the strategic combination is expected to broaden Farmers' market reach and bolster operational capacity as it integrates Middlefield into its business.
In addition to the corporate combination, Farmers National Banc Corp declared a quarterly cash dividend of $0.17 per share. The dividend is payable on February 27, 2026, to shareholders of record as of the close of business on February 13, 2026. The company described the dividend declaration as reflecting its ongoing commitment to returning value to shareholders.
These developments - an insider purchase, a closed merger expanding regional presence, and a current dividend policy - were all documented in the company's filings and announcements. The public record supplied the transactional details, ownership totals and the asset and branch figures for the newly combined institution.