Lorie M. Heckman - Mar 1, 2025 Form 4 Insider Report for FRANKLIN FINANCIAL SERVICES CORP /PA/ (FRAF)

Role
EVP, Chief Risk Officer
Signature
/s/Amanda M. Ducey by Power of Attorney for Lorie M. Heckman
Stock symbol
FRAF
Transactions as of
Mar 1, 2025
Transactions value $
-$7,048
Form type
4
Date filed
3/4/2025, 07:08 PM
Previous filing
Jul 2, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRAF Common Stock Award $0 +426 +9.99% $0.00 4.69K Mar 1, 2025 Direct F1, F2
transaction FRAF Common Stock Tax liability -$7.05K -187 -3.99% $37.69 4.5K Mar 1, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the issuer's 2019 Omnibus Stock Incentive Plan, the reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. RSUs vest in three equal installments on March 1, 2026, March 1, 2027, and March 1, 2028, subject to continued service.
F2 Total shares includes 127 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.
F3 Represents shares of Common Stock withheld by the issuer to satisfy the reporting person's income tax obligations associated with the vesting of previously reported grants of restricted stock units.