ORRSTOWN FINANCIAL SERVICES INC·4

Feb 2, 4:56 PM ET

SNOKE GLENN W 4

4 · ORRSTOWN FINANCIAL SERVICES INC · Filed Feb 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Orrstown Financial (ORRF) Director Glenn W. Snoke Receives Award

What Happened
Glenn W. Snoke, a director of Orrstown Financial Services, was granted 1,000 restricted shares (transaction code A) on January 29, 2026. The award shows a $0.00 acquisition price (i.e., a compensated grant rather than a market purchase). This was not a sale — it is a compensation award subject to vesting.

Key Details

  • Transaction date: 2026-01-29; Filing date: 2026-02-02 (appears timely).
  • Shares granted: 1,000 restricted shares; price: $0.00 (award).
  • Shares owned after transaction: not disclosed in the filing.
  • Footnotes: F1 — portion with a vesting date of May 3, 2027; F2 — remaining restricted shares vest in various tranches over the next ~18 months.
  • Transaction type: A (award/grant of restricted stock).

Context
Restricted stock awards are compensation that typically vest over time and are not immediately freely tradeable, so they reflect pay/retention practices rather than a direct bullish market bet by the insider. For retail investors, such grants are useful to track but should be interpreted as part of executive/director compensation rather than immediate insider buying activity.

Insider Transaction Report

Form 4
Period: 2026-01-29
Transactions
  • Award

    Orrstown Financial Services, Inc. Common, Restricted Stock

    [F1][F2]
    2026-01-29+1,0003,500 total
Holdings
  • Orrstown Financial Services, Inc, Common Stock

    37,770
Footnotes (2)
  • [F1]Restricted Stock with Vesting Date of May 3, 2027
  • [F2]Restricted stock with various vesting dates over the next 18 months.
Signature
/s/ Casara I Kieffer as P.O.A.|2026-02-02

Documents

1 file
  • 4
    wk-form4_1770069398.xmlPrimary

    FORM 4