Snook Gregory I 4
4 · FRANKLIN FINANCIAL SERVICES CORP /PA/ · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Franklin Financial (FRAF) Director Gregory I. Snook Receives Award
What Happened
- Gregory I. Snook, a director of Franklin Financial Services Corp. (FRAF), was granted/received 128 shares on 2026-03-30 at an effective price of $50.56 per share, totaling $6,472. The transaction is reported as an award/grant (transaction code A) and listed as "Acquired."
- Footnote F1 indicates these shares were issued in lieu of cash for a portion of the reporting person's director fees. Footnote F2 notes the reported amount includes previously reported unvested restricted stock units.
Key Details
- Transaction date: 2026-03-30; Price: $50.56 per share; Shares: 128; Total value: $6,472.
- Transaction type/code: Award/Grant (A) — shares received, not an open-market purchase.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 = received in lieu of cash for director fees; F2 = includes previously reported unvested RSUs.
- Filing timeliness: Report filed 2026-03-30 (same date listed), so the filing appears timely.
Context
- Receiving shares in lieu of cash is a common form of director compensation and should not be taken as an explicit buy/sell signal about the company’s near-term prospects.
- The award value here is modest (~$6.5k) and largely reflects routine director fee compensation rather than large insider accumulation.
Insider Transaction Report
Form 4
Snook Gregory I
Director
Transactions
- Award
Common Stock
[F1][F2]2026-03-30$50.56/sh+128$6,472→ 9,416 total
Footnotes (2)
- [F1]These shares were received in lieu of cash for a portion of the reporting person's director's fees.
- [F2]Includes previously reported unvested restricted stock units.
Signature
/s/Amanda M. Ducey by Power of Attorney for Gregory I. Snook|2026-03-30