Craig Kevin W 4
Research Summary
AI-generated summary
Franklin Financial (FRAF) Director Craig Kevin W Receives 214 Shares
What Happened
Craig Kevin W, a director of Franklin Financial Services Corp. (FRAF), was granted/acquired 214 shares on 2026-03-30 at an implied price of $50.56 per share, with a total value of approximately $10,820. The filing reports this as an acquisition via award (transaction code A), reflecting shares received in lieu of cash as part of director compensation.
Key Details
- Transaction date: 2026-03-30
- Transaction type: Award/Acquisition (A) — 214 shares at $50.56 per share (total ≈ $10,820)
- Reason/footnote: Shares received in lieu of cash for a portion of the reporting person's director's fees (F1). Filing also notes inclusion of previously reported unvested restricted stock units (F2).
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Form 4 was filed the same day as the transaction (timely).
Context
- This was an award of shares as compensation (not a market purchase or sale), so it reflects pay choice rather than a direct bullish or bearish trade signal.
- Footnote F1 indicates the shares substituted for cash director fees; F2 indicates the reported total includes prior unvested RSUs.