ORRSTOWN FINANCIAL SERVICES INC·4

Feb 9, 4:02 PM ET

Messick John Rodney 4

Research Summary

AI-generated summary

Updated

Orrstown Financial (ORRF) Director John Messick Sells 2,500 Shares

What Happened

  • John Rodney Messick, a director of Orrstown Financial Services, sold 2,500 shares in an open-market/private sale on February 5, 2026. The shares were disposed at $38.62 per share for a total transaction value of $96,550.
  • This was a sale (S code), which is typically routine insider selling and not an explicit bullish signal compared with purchases.

Key Details

  • Transaction date: 2026-02-05; filing date (Form 4): 2026-02-09 (filed within the required two business days).
  • Price per share: $38.62; Total proceeds: $96,550.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote F1: References restricted stock with various vesting dates over the next 18 months.
  • Transaction type on form: Open market or private sale (S). No 10b5-1 plan or tax-withholding note was reported in the provided details.

Context

  • Sales by directors can be for many reasons (diversification, personal liquidity, planned disposals); they do not necessarily indicate a change in company outlook. Purchases generally provide stronger direct signals of insider confidence.
  • The filing appears timely (filed within two business days of the transaction).