Snook Gregory I 4

What Happened

• Gregory I. Snook, a director of Franklin Financial Services Corp. (FRAF), was granted 383 restricted stock units (RSUs) on 2026-03-02. The Form 4 records an acquisition price of $0 and lists the transaction as an award/grant (code A). RSUs are a contingent right to receive one share of common stock per RSU when they vest; the filing does not report a cash value at grant.

Key Details

• Transaction date: 2026-03-02; filing date: 2026-03-03 (timely).
• Grant: 383 RSUs recorded at $0.00 acquisition price on the Form 4.
• Vesting: RSUs vest the earlier of March 1, 2027 or end of term (footnote F1).
• Holdings note: filing states total shares include 18 shares acquired via the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan (footnote F2). The filing did not specify an exact "shares owned following" total in the summary provided here.
• No sale or purchase of existing shares occurred in this transaction—this is an award, not an open-market trade.

Context

• RSU awards are compensation-related and do not represent immediately tradable shares; they convert to common stock only upon vesting and may be subject to forfeiture or other restrictions until that time. Such grants are common for directors and executives and are different from open-market purchases (which some investors view as a stronger bullish signal).