Director Frank Elsner III purchased 5 shares of ACNB at $46.42; stock now down 11.9% in 30 days
Director Frank Elsner III purchased 5 shares of ACNB Corp at $46.42 on March 13, 2026, increasing his holdings from 28,478 to 28,483 shares (net change +0.0% vs pre-transaction holdings). The transaction value was $250.00, a minimal position adjustment. The stock has declined 11.9% over the past 30 days and trades at $46.28, down 13.0% from its 52-week high of $53.18. Reviewing his same-ticker history at ACNB, Elsner's prior 5 buys have produced mixed 90-day outcomes: 3 of 5 achieved positive 90-day returns (well-timed), though his most recent buy on 2025-12-15 showed a 90-day decline of 11.7%. The fundamentals remain solid (annual revenue growth +45.1%, P/E 12.61), but the recent price weakness and small transaction size limit the signal strength of this particular purchase.