Craig Kevin W 4

What Happened

• Kevin W. Craig, a director of Franklin Financial Services Corp. (FRAF), was granted 424 restricted stock units (RSUs) on 2026-03-02. The RSUs were granted at a $0.00 price (no immediate cash outlay or proceeds) and therefore have no immediate transaction value reported.
• The RSUs represent a contingent right to receive one share of common stock per RSU and will vest the earlier of March 1, 2027 or the end of the term under the issuer’s 2019 Omnibus Stock Incentive Plan.

Key Details

• Transaction date: 2026-03-02; Grant type: Award/Acquisition (code A); Price: $0.00; Shares granted: 424 RSUs.
• Vesting: RSUs vest the earlier of March 1, 2027 or end of term (per footnote).
• Shares held/total reported: Filing notes total includes 154 shares acquired under the issuer’s 2010 Dividend Reinvestment and Stock Purchase Plan (footnote). The filing does not report sale proceeds—this was a compensation award, not a market purchase or sale.
• Timeliness: Report filed 2026-03-03 for a 2026-03-02 transaction (no late filing flag indicated).

Context

• RSUs are a form of equity compensation: they give a contingent right to receive shares upon vesting and do not represent immediately tradable stock until vested and delivered. This award is routine compensation for insiders and does not by itself indicate a buy or sell decision in the market.
• For investors tracking insider activity, grants are useful to monitor potential future share delivery and dilution but differ from open-market buys (which can be seen as a direct bullish signal).