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Franklin Financial (FRAF) director paid part of fees in stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Snook Gregory I reported acquisition or exercise transactions in this Form 4 filing.

Franklin Financial Services Corp. director Gregory I. Snook received an award of 128 shares of common stock at an indicated value of $50.56 per share. The shares were issued in lieu of cash for part of his director fees and are held directly.

Following this compensation-related grant, Snook directly owns 9,416 shares of Franklin Financial common stock, a figure that includes previously reported unvested restricted stock units.

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Insider Snook Gregory I
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 128 $50.56 $6K
Holdings After Transaction: Common Stock — 9,416 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.
Shares granted 128 shares Common stock award in lieu of director fees
Per-share value $50.56 per share Indicated value of the 128-share grant
Post-transaction holdings 9,416 shares Total common shares directly owned after grant, including unvested RSUs
Acquire transactions 1 transaction Single grant, award, or other acquisition reported
Buy and sell transactions 0 buys, 0 sells No open-market purchases or sales reported in this filing
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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.
director's fees financial
"received in lieu of cash for a portion of the reporting person's director's fees."
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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*
Snook Gregory I

(Last)(First)(Middle)
19419 PEARL DR.

(Street)
HAGERSTOWN MARYLAND 21742

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/30/2026A128(1)A$50.569,416(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Gregory I. Snook03/30/2026
** Signature of Reporting PersonDate
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 Franklin Financial Services (FRAF) report?

Franklin Financial Services reported that director Gregory I. Snook received 128 shares of common stock as a grant. The shares were issued as part of his compensation, specifically in lieu of cash for a portion of his director fees for the company.

At what price were the Franklin Financial (FRAF) shares valued in this Form 4?

The 128 Franklin Financial common shares granted to Gregory I. Snook were valued at $50.56 per share. This per-share value helps quantify the stock-based portion of his director fees reported as share compensation instead of a cash payment.

How many Franklin Financial (FRAF) shares does Gregory I. Snook now hold?

After the reported grant, Gregory I. Snook directly holds 9,416 Franklin Financial common shares. This total includes the 128-share award and previously reported unvested restricted stock units that are part of his overall equity-based compensation position.

Is the Franklin Financial (FRAF) Form 4 transaction a market purchase or sale?

The Form 4 transaction is not a market purchase or sale. It reflects a grant of 128 common shares to director Gregory I. Snook as compensation in lieu of cash director fees, categorized as a grant or other acquisition, rather than open-market trading.

How does this Franklin Financial (FRAF) Form 4 treat director fees?

The filing shows that a portion of Gregory I. Snook’s director fees was paid in stock rather than cash. He received 128 common shares, demonstrating the company’s use of equity-based compensation for board service in addition to traditional cash payments.
Franklin Finl Svcs Corp

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