Carroll Charles Benner Jr 4

Research Summary

AI-generated summary

Updated

Franklin Financial (FRAF) COO Carroll Benner Buys 380 Shares

What Happened

  • Carroll Charles Benner Jr., Chief Operating Officer of Franklin Financial Services Corp (FRAF), purchased 380 shares in an open-market transaction on February 5, 2026 at $46.93 per share, for a total cost of approximately $17,833. This was a straight purchase (transaction code P), which is a buy signal rather than a sale.

Key Details

  • Transaction date and price: 2026-02-05 — 380 shares at $46.93 each.
  • Total transaction value: about $17,833.
  • Filing date / timeliness: Form 4 filed on 2026-02-09 (timely — filed within the required two business days).
  • Shares owned after the transaction: the Form 4 reports total holdings after the trade; the filing’s footnotes indicate that total includes 5 shares from the 2010 Dividend Reinvestment & Stock Purchase Plan (F1), 150 shares from the 2025 Employee Stock Purchase Plan (F2), and previously reported unvested restricted stock units (F3).
  • Footnotes: F1 = 5 shares from 2010 DRIP; F2 = 150 shares from 2025 ESPP; F3 = includes previously reported unvested RSUs.

Context

  • This is a modest open-market purchase (~$18k) by a company executive. Purchases can be more informative than sales but do not by themselves prove future company performance. The filing shows a routine insider buy and was submitted on time.