Carmack Karen K 4
4 · FRANKLIN FINANCIAL SERVICES CORP /PA/ · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Franklin Financial (FRAF) SVP Karen Carmack Buys 7 Shares
What Happened
Karen K. Carmack, Senior Vice President and Chief HR Officer of Franklin Financial Services Corp (FRAF), acquired 7 shares on June 1, 2026. The shares were purchased under the company's 2025 Employee Stock Purchase Plan (ESPP) at $47.51 per share, for a total cash outlay of about $333. This transaction is a purchase (acquisition) rather than a sale.
Key Details
- Transaction date: 2026-06-01 (reported on SEC Form 4 filed 2026-06-02). Filing appears timely.
- Transaction type: Acquisition under ESPP (code A).
- Shares acquired: 7 shares at $47.51 each; total ≈ $333.
- ESPP specifics: Shares purchased for the December 1, 2025–May 31, 2026 offering period and priced at 90% of the issuer's closing price on December 1, 2025.
- Prior/other holdings: Filing notes total holdings include 26 shares from the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan and previously reported unvested restricted stock units. The filing does not indicate a sale or immediate disposition of these new shares.
Context
- This was an employee purchase through an ESPP (discounted purchase), a routine corporate benefit for eligible employees. Purchases by executives can show continued participation in company programs but do not alone indicate broader insider sentiment.
Insider Transaction Report
Form 4
Carmack Karen K
SVP, Chief HR Officer
Transactions
- Award
Common Stock
[F1][F2][F3][F4]2026-06-01$47.51/sh+7$333→ 5,482 total
Holdings
- 2,250
Incentive Stock Option (Right to Buy)
Exercise: $30.00From: 2017-08-23Exp: 2027-02-23→ Common Stock (2,250 underlying) - 2,250
Incentive Stock Option (Right to Buy)
Exercise: $34.10From: 2018-08-22Exp: 2028-02-22→ Common Stock (2,250 underlying)
Footnotes (4)
- [F1]Shares purchased pursuant to the Franklin Financial Services Corporation 2025 Employee Stock Purchase Plan ("ESPP")for the ESPP purchase period of December 1, 2025 through May 31, 2026.
- [F2]In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of the issuer's common stock on December 1, 2025.
- [F3]Total shares includes 26 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.
- [F4]Includes previously reported unvested restricted stock units.
Signature
/s/Amanda M. Ducey by Power of Attorney for Karen K. Carmack|2026-06-02