Director at Franklin Financial (NASDAQ: FRAF) receives 383-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Franklin Financial Services Corp. director Donald H. Mowery reported an equity award under the company’s 2019 Omnibus Stock Incentive Plan. He acquired 383 shares of Common Stock at a price of $0.00 per share through a grant classified as restricted stock units (RSUs). These RSUs each represent a contingent right to receive one share of Common Stock and will vest on the earlier of March 1, 2027 or the end of his term. Following this grant, Mowery’s directly owned Common Stock holdings total 45,068 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mowery Donald H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 383 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 45,068 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did FRAF director Donald H. Mowery report?
Director Donald H. Mowery reported an equity grant of 383 shares of Common Stock in Franklin Financial Services Corp. This award was issued at $0.00 per share under the company’s 2019 Omnibus Stock Incentive Plan as restricted stock units.
What are the vesting terms of Donald H. Mowery’s RSU grant at Franklin Financial Services (FRAF)?
The RSUs granted to Donald H. Mowery vest on the earlier of March 1, 2027 or the end of his term. Each RSU represents a contingent right to receive one share of Franklin Financial Services Corp. Common Stock upon vesting.
What plan governed the RSU award reported by FRAF director Donald H. Mowery?
The RSU award to Donald H. Mowery was granted under Franklin Financial Services Corp.’s 2019 Omnibus Stock Incentive Plan. This plan allows equity-based compensation, including restricted stock units that convert into Common Stock upon vesting.