Butz Steven D 4

What Happened
Steven D. Butz, Executive Vice President and Chief Credit & Strategy Officer (CCSO) of Franklin Financial Services Corp. (FRAF), disposed of 1,400 shares on 2026-05-26. The shares were sold at $57.73 per share for a total transaction value of $80,822. This transaction is a sale (S), which is a disposition of shares rather than a purchase.

Key Details

• Transaction date and price: 2026-05-26 — 1,400 shares @ $57.73 each.
• Total value: $80,822.
• Transaction type: Sale (open market or private sale as reported).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes/plan info: No 10b5-1 plan, tax-withholding, or other special footnotes reported in the excerpt.
• Filing timeliness: Form 4 was filed on 2026-06-01 (6 days after the transaction), which appears to be late relative to the typical two-business-day reporting requirement.

Context
Insider sales are common and may reflect personal liquidity needs, portfolio rebalancing, or other non-fundamental reasons; a single sale does not by itself indicate a change in management’s view of the company. Because post-transaction holdings were not reported here, you can’t assess how large this sale was relative to Butz’s total stake. Purchases and option exercises that increase insider ownership tend to be more informative about insider conviction.