Keller Mark K 4

What Happened

• Mark K. Keller, a director of Orrstown Financial Services, received a grant/award of 1,500 restricted shares on 2026-05-05. The grant was recorded at $0.00 per share (total reported value $0), indicating these are restricted stock awards rather than a cash purchase.

Key Details

• Transaction date: 2026-05-05; Form 4 filed 2026-05-06 (timely filing).
• Transaction code: A (award/grant).
• Shares awarded: 1,500 shares at $0.00 per share (total $0 reported).
• Vesting: Footnote F1 — restricted stock with various vesting dates over the next 18 months.
• Holdings note: Footnote F2 — filing states 18,029 shares are held jointly with the reporting person’s spouse. The filing excerpt provided does not list a complete post-transaction total holdings figure.
• No indication of sale, exercise, tax withholding, or 10b5-1 plan in the provided details.

Context

• This was a compensation-related award (restricted stock). Such grants are routine for directors and do not represent an open-market buy or sell. Vesting conditions mean the director does not have full transferable ownership immediately. As always, awards are informative about compensation but do not by themselves prove a bullish or bearish view by the insider.