Director Nicholas D. Varischetti of Farmers National Banc Corp (NASDAQ:FMNB) purchased 73,000 shares of the company’s common stock at $12.97 per share on March 26, 2026, for a total transaction value of $946,810, according to a Form 4 filing with the Securities and Exchange Commission.
The filing shows that after the purchase Varischetti holds 1,778 shares directly and 226,751 shares indirectly through the Nicholas D. Varischetti 2011 Irrevocable Trust. The transaction coincides with third-party valuation data from InvestingPro indicating the stock is trading below its Fair Value and is currently assigned a price-to-earnings ratio of 8.86.
InvestingPro data cited in conjunction with the transaction also notes the regional bank pays a 5.23% dividend yield and has maintained dividend distributions for 33 consecutive years.
Separately, Farmers National Banc Corp. announced the completion of its merger with Middlefield Banc Corp., a deal that expands the combined company’s footprint in Northeast, Central, and Western Ohio, including the Columbus area. The merged institution now manages in excess of $7.4 billion in banking assets and more than $4.7 billion in wealth management assets, operating across 83 branches in Ohio and Pennsylvania.
Prior to the merger’s closing, shareholders from both banks approved the transaction. The independent proxy advisory firm Institutional Shareholder Services (ISS) recommended that shareholders vote in favor of the deal, with the final vote having been scheduled for a special meeting in February 2026.
In addition to the transaction, Farmers National Banc Corp. named Todd J. Simko as Senior Executive Vice President and Chief Banking Officer. The company noted Simko brings more than 25 years of banking experience, including leadership roles at the Federal Home Loan Bank in Pittsburgh and at Main Street Bank.
These developments - an insider purchase, a completed merger that increases the organization’s scale and geographic reach, and a senior leadership appointment - arrive in quick succession for Farmers National Banc Corp. The Form 4 filing provides a clear, documented record of the director’s purchase while corporate disclosures describe the transformational scope of the merger and the staffing change at the executive level.
Investors tracking the equity will note the combination of an insider acquisition, a below-Fair-Value indication from InvestingPro, an above-5% dividend yield and a multi-decade dividend track record as data points within the company’s recent activity, alongside the concrete operational footprint and asset totals disclosed following the merger.