4//SEC Filing
Hornberger David Todd 4
Accession 0000826154-24-000166
CIK 0000826154other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:13 PM ET
Size
7.9 KB
Accession
0000826154-24-000166
Insider Transaction Report
Form 4
Hornberger David Todd
EVP, Market President
Transactions
- Award
Orrstown Financial Services, Inc. Common, Restricted Stock
2024-07-01+6,667→ 6,667 total - Tax Payment
Orrstown Financial Services, Inc. Common, Restricted Stock
2024-07-01$27.36/sh−1,989$54,419→ 0 total
Holdings
- 9,506
Orrstown Financial Services, Inc., Common, Rest. Stock. Unt.
- 24,877
Orrstown Financial Services, Inc, Common Stock
Footnotes (3)
- [F1]Represents an award of shares of restricted stock of ORRF vesting on July 28, 2025 upon achievement of targeted expense savings based on ORRFs going forward annual expense run rate at June 30, 2025 compared to the combined reported expenses of ORRF and CVLY (excluding merger-related and other extraordinary expenses in both cases) for the year ended December 31, 2023.
- [F2]Includes 6,952 shares owned jointly with the reporting persons spouse
- [F3]Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.
Documents
Issuer
ORRSTOWN FINANCIAL SERVICES INC
CIK 0000826154
Entity typeother
Related Parties
1- filerCIK 0001706394
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 4:13 PM ET
- Size
- 7.9 KB