Giustini Louis J 4

What Happened
Louis J. Giustini, Senior Vice President and Chief Risk and Strategy Officer of Franklin Financial Services Corp. (FRAF), acquired 82 shares of the company's common stock on June 1, 2026. The shares were purchased at $47.51 per share under the company’s Employee Stock Purchase Plan (ESPP), for a total reported value of $3,896 (transaction code A — acquisition).

Key Details

• Transaction date: 2026-06-01; Filing date: 2026-06-02 (appears timely under Form 4 rules).
• Price and quantity: 82 shares at $47.51 each; total = $3,896.
• Transaction type: Acquisition under ESPP (code A).
• Shares owned after transaction: Not specified in the filing.
• Relevant footnotes:
  • F1: Shares purchased pursuant to the 2025 ESPP for the period Dec 1, 2025–May 31, 2026.
  • F2: Purchase price equals 90% of the closing price on Dec 1, 2025 (ESPP discount).
  • F3: Total includes 4 shares acquired under the issuer’s 2010 Dividend Reinvestment and Stock Purchase Plan.
  • F4: Includes previously reported unvested restricted stock units.

Context
This was an ESPP purchase (discounted employee purchase), which is generally a routine way for employees to acquire company stock rather than a distinct market-timing signal. The filing notes the standard 10% ESPP discount and that some shares reflect dividend reinvestment and previously reported unvested RSUs.