Brunner Brian D 4

What Happened

• Brian D. Brunner, a director of Orrstown Financial Services, was granted 1,500 restricted shares on May 5, 2026. The shares were issued at $0.00 (total value reported as $0), recorded on a Form 4 filed May 6, 2026. This is an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-05; Form 4 filed: 2026-05-06 (filed the next day).
• Award: 1,500 restricted shares; acquisition price $0.00 (total $0).
• Vesting: Footnote F1 states the restricted shares vest on various dates over the next 18 months.
• Reported holdings (footnote F2): 13,491 shares held individually, 3,800 shares in a family trust, plus additional shares held jointly with spouse (the filing does not state a total combined post-grant number explicitly).
• Transaction type: Award/Grant (A). No sale or option exercise; not a 10b5-1 trade.

Context

• Restricted stock awards are typically compensation or retention grants and vest over time; they are not immediate cash proceeds and do not by themselves indicate a buy/sell market signal.
• Because the filing was submitted one day after the transaction date, it appears timely under standard reporting rules.