Jeffrey S. Gayman - Feb 16, 2025 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
EVP, Mortgage & Retail
Signature
/s/ Casara I Kieffer as P.O.A.
Stock symbol
ORRF
Transactions as of
Feb 16, 2025
Transactions value $
-$33,270
Form type
4
Date filed
2/19/2025, 04:08 PM
Previous filing
Jul 3, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Tax liability -$33.3K -989 -15.13% $33.64 5.55K Feb 16, 2025 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +2.2K +39.57% $0.00 7.74K Feb 16, 2025 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +2.2K +32.94% $0.00 8.86K Feb 16, 2025 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 15.1K Feb 16, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.
F2 Time-vested restricted stock with various vesting dates over the next three years
F3 These shares consist of 5,147 shares held jointly with the reporting persons spouse and 10 shares held by the reporting person's children.