Franklin Financial president adds 109 shares via ESPP
Franklin Financial Services Corp. President & COO Charles Benner Jr acquired 109 shares of common stock through the company’s 2025 Employee Stock Purchase Plan for the purchase period from December 1, 2025 through May 31, 2026.
Rhea-AI Filing Summary
Franklin Financial Services Corp. President & COO Charles Benner Jr acquired 109 shares of common stock through the company’s 2025 Employee Stock Purchase Plan for the purchase period from December 1, 2025 through May 31, 2026. Under the plan, these shares were bought at a price equal to 90% of the closing price on December 1, 2025. After this plan purchase and prior acquisitions, he directly owns 6,035 shares, which total includes 8 shares from the 2010 Dividend Reinvestment and Stock Purchase Plan and previously reported unvested restricted stock units.
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Insider Trade Summary
Grant/Award: 109 shares
Grant/Award
1 txn
Insider
Carroll Charles Benner Jr
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 109 | $47.51 | $5K |
Holdings After Transaction:
Common Stock — 6,035 shares (Direct)
Footnotes (4)
- F1. Shares purchased pursuant to the Franklin Financial Services Corporation 2025 Employee Stock Purchase Plan ("ESPP")for the ESPP purchase period of December 1, 2025 through May 31, 2026.
- F2. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of the issuer's common stock on December 1, 2025.
- F3. Total shares includes 8 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.
- F4. Includes previously reported unvested restricted stock units.
Key Figures
Shares acquired: 109 shares
Purchase discount: 90% of closing price
Total shares after transaction: 6,035 shares
+2 more
5 metrics
Shares acquired
109 shares
Employee Stock Purchase Plan period Dec 1, 2025–May 31, 2026
Purchase discount
90% of closing price
ESPP price based on Dec 1, 2025 close
Total shares after transaction
6,035 shares
Direct holdings following ESPP acquisition
Dividend plan shares
8 shares
Acquired under 2010 Dividend Reinvestment and Stock Purchase Plan
Security price reference
$47.51 per share
Reported price per share for the 109-share acquisition
Key Terms
Employee Stock Purchase Plan, ESPP, Dividend Reinvestment and Stock Purchase Plan, restricted stock units, +1 more
5 terms
Employee Stock Purchase Plan financial
"Shares purchased pursuant to the Franklin Financial Services Corporation 2025 Employee Stock Purchase Plan ("ESPP")"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
ESPP financial
"In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
Dividend Reinvestment and Stock Purchase Plan financial
"Total shares includes 8 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan."
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
restricted stock units financial
"Includes previously reported unvested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What insider transaction did Franklin Financial Services (FRAF) report for Charles Benner Jr?
Franklin Financial Services reported that President & COO Charles Benner Jr acquired 109 common shares. The shares were obtained through the 2025 Employee Stock Purchase Plan covering the period December 1, 2025 to May 31, 2026, reflecting routine, plan-based ownership growth.
Was the June 2026 FRAF insider acquisition an open-market purchase?
No, the acquisition was not an open-market purchase. The 109 shares were obtained through Franklin Financial’s 2025 Employee Stock Purchase Plan at a 10% discount to the December 1, 2025 closing price, making it a structured, compensation-related plan transaction.
What plans are referenced in Charles Benner Jr’s FRAF Form 4 filing?
The filing references Franklin Financial’s 2025 Employee Stock Purchase Plan and its 2010 Dividend Reinvestment and Stock Purchase Plan. It also notes that total holdings include previously reported unvested restricted stock units, which are equity awards that vest over time under company compensation programs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
