Insider Trading March 11, 2026

Fidelity D & D Bancorp Chairman Buys $13,692 in Stock; Bank Announces Senior Credit Officer Exit

Brian J. Cali increases stake modestly as Fidelity Deposit and Discount Bank finalizes severance for departing Chief Credit Officer

By Derek Hwang FDBC
Fidelity D & D Bancorp Chairman Buys $13,692 in Stock; Bank Announces Senior Credit Officer Exit
FDBC

Brian J. Cali, chairman of Fidelity D & D Bancorp Inc (NASDAQ: FDBC), purchased 308 shares of the company's common stock on March 11, 2026, paying between $44.375 and $45.50 per share for a total of $13,692. A Form 4 filing shows Cali now directly holds 424,256.309 shares and indirectly holds 1,833.8291 shares for his children. Separately, the company disclosed the termination of Michael J. Pacyna Jr. from his role as Executive Vice President and Chief Credit Officer of subsidiary Fidelity Deposit and Discount Bank, with a separation agreement providing 28 weeks of severance plus his 2025 executive bonus, totaling $239,975.02 payable by January 2026. The filing did not specify reasons for the termination or potential operational effects.

Key Points

  • Insider purchase: Chairman Brian J. Cali acquired 308 shares of FDBC on March 11, 2026, spending $13,692 at prices between $44.375 and $45.50 per share.
  • Ownership update: After the transaction, Cali directly holds 424,256.309 shares and indirectly holds 1,833.8291 shares held for his children.
  • Executive change: Fidelity D & D Bancorps subsidiary terminated Michael J. Pacyna Jr. as Executive Vice President and Chief Credit Officer with a separation package totaling $239,975.02 to be paid by January 2026.

Brian J. Cali, who serves as Chairman of the Board at Fidelity D & D Bancorp Inc (NASDAQ: FDBC), reported a personal purchase of common stock on March 11, 2026. According to a Form 4 filing with the Securities and Exchange Commission, Cali bought 308 shares of the company at prices that ranged from $44.375 to $45.50 per share. The aggregate consideration for the transaction was $13,692.

The SEC filing details Cali's holdings following the acquisition. It shows that he directly owns 424,256.309 shares of Fidelity D & D Bancorp Inc common stock. In addition to his direct holdings, Cali indirectly holds 1,833.8291 shares that are reported as held for his children.

In a separate disclosure, Fidelity D & D Bancorp announced the termination of Michael J. Pacyna Jr. from his position as Executive Vice President and Chief Credit Officer at the companys subsidiary, Fidelity Deposit and Discount Bank. The company filed a statement with the Securities and Exchange Commission outlining the separation agreement between Mr. Pacyna and the bank.

The separation terms provide for severance pay covering 28 weeks as well as payment of Mr. Pacynas 2025 executive bonus. The combined amount of these payments is stated as $239,975.02. The filing indicates that these payments are scheduled to be completed by January 2026.

The announcement marks a notable change in the banks executive roster. The filing does not specify reasons for Mr. Pacynas termination. Fidelity D & D Bancorp has not supplied additional detail on any potential operational or financial impact stemming from the departure.

The companys dual disclosures - an insider purchase by the chairman and the departure of a senior credit officer with a defined severance arrangement - were both recorded via filings submitted to the SEC. Beyond the numerical details of the share purchase and the separation payment schedule, the disclosures provide limited commentary on rationale or downstream effects.


Transaction specifics

  • Buyer: Brian J. Cali, Chairman of the Board, Fidelity D & D Bancorp Inc.
  • Date: March 11, 2026
  • Shares purchased: 308
  • Price range: $44.375 to $45.50 per share
  • Total consideration: $13,692

Executive departure terms

  • Individual: Michael J. Pacyna Jr., Executive Vice President and Chief Credit Officer (subsidiary)
  • Severance: 28 weeks
  • Included payment: 2025 executive bonus
  • Total payments: $239,975.02
  • Payment completion: by January 2026

Risks

  • The filing does not state reasons for the termination of the Chief Credit Officer, leaving uncertainty around the circumstances behind the personnel change; this uncertainty could be relevant to stakeholders in banking and financial services.
  • Fidelity D & D Bancorp has not provided details on any potential operational or financial impact from the departure, creating ambiguity for investors and market participants evaluating the banks credit management continuity.
  • The separation payments are scheduled to be completed by January 2026, representing a defined near-term cash outflow that may be of interest to analysts tracking the company's short-term expense profile.

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