Coradi Robert G 4

What Happened

• Robert G. Coradi, EVP and Chief Risk Officer of Orrstown Financial Services, received two equity awards on Feb 17, 2026 (transaction code A). The grants totaled 6,021 shares (2,214 and 3,807 shares) at a reported price of $0.00 (awards/compensation grants rather than open‑market purchases).

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-19 (filed within the Form 4 reporting window).
• Awards: 2,214 restricted shares and 3,807 restricted stock units (total 6,021 shares); reported acquisition price $0.00.
• Vesting/conditions: Footnote F1 — restricted stock with various vesting dates over the next three years. Footnote F2 — RSUs vest three years after grant based on pre-established company performance criteria.
• Beneficial ownership note: Footnote F3 indicates 18,167 shares are owned jointly with the reporting person’s spouse.
• Filing timeliness: Not indicated as late in the provided data (filed two days after the transaction).

Context

• These grants are compensation awards (restricted stock/RSUs) and generally represent potential future ownership if vesting and performance conditions are met; they are not open‑market buys or sales. They do not indicate an immediate sale or purchase in the public market.