Carroll Charles Benner Jr 4

What Happened
Carroll Charles Benner Jr., President & COO of Franklin Financial Services Corp (FRAF), acquired 109 shares on June 1, 2026 through the company's Employee Stock Purchase Plan (ESPP). The shares were recorded at $47.51 each for a total of approximately $5,179. This was a purchase/award under the ESPP (transaction code A), which is generally a routine employee acquisition rather than an open-market buy.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (within the usual two-business-day reporting window).
• Price: $47.51 per share; Total value: ~$5,179.
• Shares acquired: 109 shares.
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes from the filing:
  • F1: Shares purchased pursuant to the 2025 ESPP for the Dec 1, 2025–May 31, 2026 purchase period.
  • F2: ESPP purchase price = 90% of the issuer's closing stock price on Dec 1, 2025.
  • F3: Total shares includes 8 shares acquired under the 2010 Dividend Reinvestment and Stock Purchase Plan.
  • F4: Includes previously reported unvested restricted stock units.

Context
ESPP purchases are made at a company-established discount (here 90% of a specified price) and are typical employee-based acquisitions; they do not necessarily signal a change in executive sentiment. No options were exercised or shares sold in this filing. The filing appears timely (filed the next day), and there is no indication of a trading plan (10b5-1) or tax-withholding sale associated with this transaction.