Kerlin Stanley J 4
Research Summary
AI-generated summary
Franklin Financial (FRAF) Director Stanley J. Kerlin Receives 155-Share Award
What Happened
- Stanley J. Kerlin, a director of Franklin Financial Services Corp (FRAF), was granted/received 155 shares on March 30, 2026. The shares were valued at $50.56 each for a total reported value of $7,837. This was an award/acquisition (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: March 30, 2026 — 155 shares at $50.56 per share (total $7,837).
- Shares owned after transaction: Not specified in the provided excerpt; the filing notes that totals include previously reported unvested restricted stock units (see F2).
- Footnotes: F1 — shares were received in lieu of cash for a portion of the director’s fees; F2 — includes previously reported unvested restricted stock units.
- Timeliness: Report filed with a transaction date and period of report of March 30, 2026 (filing date 2026-03-30), indicating a same-day/reporting-period filing in the provided record.
Context
- This award reflects director compensation (stock issued instead of cash) and is a routine corporate governance/compensation action rather than an outright market purchase or sale. Such grants are common for non-employee directors and do not by themselves indicate the director’s personal trading sentiment.