DOLL AMY 4

What Happened

• Amy Doll, Executive Vice President & Chief Administrative Officer of Orrstown Financial Services (ORRF), was awarded a total of 5,083 shares (two awards of 2,542 and 2,541 shares) on Feb 17, 2026. On the same date, 397 shares were disposed (withheld/sold) to satisfy tax withholding at $37.64 per share for proceeds of $14,943.
• The awards are grants (not open-market purchases). The withheld 397 shares represent a routine tax-related disposition rather than a directional sale of existing holdings.

Key Details

• Transaction date: 2026-02-17; filing date: 2026-02-19 (timely).
• Disposition: 397 shares @ $37.64 = $14,943 (code F — payment of exercise price or tax liability/withholding).
• Acquisitions: 2,542 shares and 2,541 shares @ $0.00 (awarded).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Restricted stock with various vesting dates over the next three years.
  • F2: Restricted stock units (RSUs) that vest three years after grant subject to pre-established company performance criteria.

Context

• These are company grants: restricted stock and performance-based RSUs. Such awards are long-term compensation and do not indicate an immediate market purchase by the insider.
• The 397-share disposition appears to be tax withholding/cashless settlement related to the awards, a common administrative step that doesn’t necessarily signal a change in insider sentiment.