Earnings Feed
Start Free
FRANKLIN FINANCIAL SERVICES CORP /PA/·4

Jun 2, 10:56 AM ET

BEST CRAIG W 4

Research Summary

AI-generated summary

Updated

Franklin Financial (FRAF) CEO Craig Best Buys 246 Shares

What Happened

Craig W. Best, CEO of Franklin Financial Services Corp (FRAF), acquired 246 shares on June 1, 2026 via the company's Employee Stock Purchase Plan (ESPP). The purchase price was $47.51 per share, for a total cost of $11,687. This was an acquisition (ESPP purchase), a routine employee buy rather than a sale.

Key Details

  • Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-02) — timely filing.
  • Shares acquired: 246 at $47.51 each; total value $11,687.
  • How shares were bought: ESPP purchase for the Dec 1, 2025–May 31, 2026 purchase period.
  • ESPP discount: Shares were purchased at 90% of the issuer's closing price on Dec 1, 2025 (per filing).
  • Holdings after the transaction: not specified in the provided summary of the filing.
  • Other note: filing references previously reported unvested restricted stock units.

Context

ESPP purchases are a common way for employees and executives to buy company stock at a discount and are typically viewed as routine participation rather than a direct market signal. The filing also notes previously reported unvested restricted stock units, which are not the same as immediately tradable shares.