BROWN SARAH M 4
4 · ORRSTOWN FINANCIAL SERVICES INC · Filed Jul 3, 2024
Insider Transaction Report
Form 4
BROWN SARAH M
Director
Transactions
- Award
Orrstown Financial Services, Inc, Common Stock
2024-07-01+8,154→ 8,154 total
Footnotes (1)
- [F1]On July 1, 2024, Codorus Valley Bancorp, Inc. (CVLY) merged with and into Orrstown Financial Services, Inc. (ORRF). Pursuant to the merger, each share of CVLY common stock held by the reporting person was converted into the right to receive 0.875 shares of ORRF common stock (the Exchange Ratio), with an amount in cash, without interest, to be paid in lieu of fractional shares at $25.40 per share. The closing price of ORRF common stock on June 28, 2024 was $27.36 per share.