Carmack Karen K 4

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.