4Accepted Sep 28, 2:51 PM ET
Franklin Financial (FRAF) Director Kevin W. Craig Receives 172 Shares
Accepted (ET)
2:51 PM
Sep 28, 2026
Filed
Sep 28, 2026
Documents
1
Size
5.1 KB
Summary
Franklin Financial (FRAF) Director Kevin W. Craig Receives 172 Shares
What Happened
Kevin W. Craig, a director of Franklin Financial Services Corp. (FRAF), received an award/acquisition of 172 shares on 2026-09-28 at an implied price of $62.65 per share, a total value of about $10,776. This transaction was an award (code A) — shares issued in lieu of cash director fees — not an open-market purchase or sale.
Key Details
- Transaction date: 2026-09-28; price reported: $62.65 per share; total value ≈ $10,776.
- Transaction type: Award/Acquisition (Form 4 code A) — shares received in lieu of cash director fees (Footnote F1).
- Shares owned after the transaction: not specified in the filing.
- Notable footnotes from the filing:
- F1: Shares received in lieu of cash for part of director fees.
- F2: Total includes 2 shares acquired under the issuer’s 2010 Dividend Reinvestment and Stock Purchase Plan.
- F3: Includes previously reported unvested restricted stock units.
- Filing status: Form 4 filed the same day (timely per the filing date).
Context
Receiving shares in lieu of cash compensation is a common, routine way companies pay directors and does not by itself indicate a personal bullish or bearish view. This was not a sale or option exercise; it reflects compensation converted into equity and may modestly increase the director’s stake over time.