BROBST BARBARA E 4

What Happened
Barbara E. Brobst, a director of Orrstown Financial Services, reported receiving an award of 1,000 restricted shares on 2026-01-29. The shares were granted at a $0.00 per-share acquisition price (total reported value $0) and are classified as restricted stock rather than an open-market purchase.

Key Details

• Transaction date: 2026-01-29; Form filed: 2026-02-02 (reporting period 2026-01-29).
• Grant type/code: A (award/grant); 1,000 shares; price $0.00; total $0.
• Vesting/footnotes: Footnote F1 indicates a vesting date of May 3, 2027; F2 notes some restricted shares vest over various dates in the next ~18 months.
• Ownership after transaction: Not specified in the provided excerpt.
• Ownership form: Footnote F3 indicates some shares are held jointly with the reporting person's spouse.
• No late-filing flag provided in the excerpt.

Context
This was a restricted stock award (compensation), not a market purchase or sale. Restricted shares typically vest over time and are intended as long-term incentive/retention, so they do not necessarily signal immediate buy/sell sentiment. The award carries vesting conditions (see F1/F2), and any shares held jointly with a spouse are noted by F3.