FRANKLIN FINANCIAL SERVICES CORP /PA/·4

Jun 29, 1:27 PM ET

Kerlin Stanley J 4

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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.