Franklin Financial (FRAF) director takes stock fees, holds 27,070 shares

Rhea-AI Filing Summary

Kerlin Stanley J reported acquisition or exercise transactions in this Form 4 filing.

Franklin Financial Services Corp. director Stanley J. Kerlin received 155 shares of Common Stock as a stock-based fee. The shares were granted on March 30, 2026 at a stated value of $50.56 per share in lieu of cash for a portion of his director’s fees. Following this award, he directly owns 27,070 Common Stock shares, which the filing notes includes previously reported unvested restricted stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kerlin Stanley J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	155	$50.56	$8K

Holdings After Transaction: Common Stock — 27,070 shares (Direct)

Footnotes (1)

1. These shares were received in lieu of cash for a portion of the reporting person's director's fees. Includes previously reported unvested restricted stock units.

Key Figures

Shares granted: 155 shares Grant price: $50.56 per share Shares held after: 27,070 shares +1 more

4 metrics

Shares granted 155 shares Common Stock grant on March 30, 2026

Grant price $50.56 per share Stated value for the 155-share award

Shares held after 27,070 shares Total direct Common Stock holdings after grant

Acquire transactions 1 transaction Non-derivative grant/award acquisition reported

Key Terms

grant/award acquisition, restricted stock units, in lieu of cash, director's fees

4 terms

grant/award acquisition financial

"transaction_action: "grant/award acquisition" for the Common Stock"

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.

in lieu of cash financial

"These shares were received in lieu of cash for a portion of the reporting person's director's fees."

director's fees financial

"received in lieu of cash for a portion of the reporting person's director's fees."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kerlin Stanley J

(Last) (First) (Middle)

1500 NITTERHOUSE DRIVE

PO BOX 6010

(Street)

CHAMBERSBURG PENNSYLVANIA 17201

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FRANKLIN FINANCIAL SERVICES CORP /PA/ [ FRAF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/30/2026		A		155(1)	A	$50.56	27,070(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were received in lieu of cash for a portion of the reporting person's director's fees.

2. Includes previously reported unvested restricted stock units.

	/s/Amanda M. Ducey by Power of Attorney for Stanley J. Kerlin	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FRAF director Stanley J. Kerlin report?

Director Stanley J. Kerlin reported receiving 155 shares of Franklin Financial Services Corp. Common Stock. The shares were granted as part of his compensation, taken in stock instead of cash for a portion of his director’s fees.

At what value were the Franklin Financial (FRAF) shares granted to the director?

The 155 Common Stock shares granted to director Stanley J. Kerlin were valued at $50.56 per share. This reflects the stated transaction price used to calculate the equity portion of his director’s fees in this reported award.

How many Franklin Financial (FRAF) shares does the director hold after this grant?

After the reported grant, director Stanley J. Kerlin directly holds 27,070 shares of Franklin Financial Services Corp. Common Stock. This total figure also includes previously reported unvested restricted stock units according to the filing footnotes.

Was the FRAF insider transaction a market purchase or compensation grant?

The transaction was a compensation grant, not a market purchase. The filing states the 155 shares of Common Stock were received in lieu of cash for part of the director’s fees, reflecting stock-based compensation rather than open-market buying.

Does the FRAF filing mention restricted stock units for the director?

Yes. The filing notes that the post-transaction total of 27,070 shares for director Stanley J. Kerlin includes previously reported unvested restricted stock units, indicating a mix of fully owned shares and unvested equity awards.