Craig Kevin W 4
Research Summary
AI-generated summary
Franklin Financial (FRAF) Director Craig Kevin W Receives 174-Share Award
What Happened
Craig Kevin W, a director of Franklin Financial Services Corp. (FRAF), was granted 174 shares on June 29, 2026 at an imputed price of $63.21 per share, for a total value of $10,999. The shares were issued in lieu of cash for a portion of his director fees (reported as an award/acquisition).
Key Details
- Transaction date: 2026-06-29
- Transaction type/code: Award/Grant (A) — acquisition of 174 shares
- Price used for reporting: $63.21 per share; total value $10,999
- Shares owned after transaction: not disclosed in this filing
- Footnotes: F1 — shares received in lieu of cash for part of director fees; F2 — amount includes previously reported unvested restricted stock units
- Filing timeliness: Reported and filed with period date 2026-06-29 (no late filing indicated)
Context
This was a routine director compensation award (shares issued instead of cash) rather than an open-market purchase or sale. Such awards compensate service and often include unvested restricted stock units subject to vesting terms; they do not necessarily indicate a change in the insider’s view of the company. The dollar value (~$11k) is modest and typical for periodic director compensation.