Snook Gregory I 4
Research Summary
AI-generated summary
Franklin Financial (FRAF) Director Gregory Snook Buys 2,200 Shares
What Happened
- Gregory I. Snook, a director of Franklin Financial Services Corp. (FRAF), purchased 2,200 shares in an open-market transaction on March 9, 2026 at $48.18 per share, for a total cost of $105,996. This was a purchase (insider buying), which some investors view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-03-09
- Transaction type: Open-market purchase (code P)
- Price per share: $48.18; Total value: $105,996
- Shares owned after transaction: Not specified in the summary filing; footnote notes total includes previously reported unvested restricted stock units (RSUs)
- Filing date: Form 4 filed 2026-03-11 (two days after the transaction)
- Footnote: F1 — Total shares includes previously reported unvested restricted stock units
Context
- This was a straightforward open-market purchase by a company director (not an option exercise or gift). Purchases can indicate the insider chose to increase exposure to the company’s stock, but filings are factual and do not explain motivation.