FRANKLIN FINANCIAL SERVICES CORP /PA/·4

Mar 11, 11:46 AM ET

Snook Gregory I 4

Research Summary

AI-generated summary

Updated

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.