Kerlin Stanley J 4
4 · FRANKLIN FINANCIAL SERVICES CORP /PA/ · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Franklin Financial (FRAF) Director Stanley J. Kerlin Receives 124 Shares
What Happened Stanley J. Kerlin, a director of Franklin Financial Services Corp (FRAF), was issued 124 shares as an award/acquisition on 2026-06-29. The shares were valued at $63.21 each for a total of $7,838 and were received in lieu of cash for a portion of his director fees (transaction code A — award/acquisition). This was a compensation-related issuance, not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-29; 124 shares at $63.21 each (total $7,838).
- Transaction type: A (award/grant/acquisition) — shares issued as compensation rather than bought or sold.
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 — received in lieu of cash for director fees; F2 — total share count includes 67 shares acquired under the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan; F3 — includes previously reported unvested restricted stock units.
- Filing timeliness: Report filed the same day (2026-06-29) — appears timely.
Context This transaction reflects routine director compensation (equity in lieu of cash). Such awards are common and do not by themselves indicate a buy or sell signal about the company's stock. For retail investors, outright purchases by insiders may be more indicative of personal bullish conviction than routine compensation issuances.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-06-29$63.21/sh+124$7,838→ 27,261 total
Footnotes (3)
- [F1]These shares were received in lieu of cash for a portion of the reporting person's director's fees.
- [F2]Total shares includes 67 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.
- [F3]Includes previously reported unvested restricted stock units.