Franklin Financial (FRAF) Director Elliott G. Warren Receives 39 Shares

What Happened

• Elliott G. Warren, a director of Franklin Financial Services Corp. (FRAF), received 39 shares on 2026-09-28 at an effective price of $62.65 per share, for a total value of $2,443. The filing shows these shares were issued in lieu of cash for a portion of his director fees (an award/acquisition, not an open-market purchase).

Key Details

• Transaction date and price: 2026-09-28 at $62.65 per share.
• Shares received: 39 shares; total reported value $2,443.
• Shares owned after transaction: Not explicitly stated in the provided filing text. Footnotes indicate the total includes 95 shares from the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan and previously reported unvested restricted stock units.
• Notable footnotes:
  • F1: Shares received in lieu of cash for part of director fees.
  • F2: Total share count includes 95 shares from the 2010 DRIP.
  • F3: Includes previously reported unvested restricted stock units.
  • F4: Some shares are held by the reporting person's adult child living in the home; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Filing timeliness: No late filing flag indicated in the provided data.

Context

• This was a compensation-related award (shares issued instead of cash) — a routine corporate practice for paying directors. Such grants are generally not a direct signal of insider sentiment about short-term stock direction. The F4 footnote means some shares are legally owned by an immediate family member and are disclaimed by the director for beneficial ownership purposes.