Franklin Financial (FRAF) director receives 214-share stock grant as board fees

Rhea-AI Filing Summary

Craig Kevin W reported acquisition or exercise transactions in this Form 4 filing.

Franklin Financial Services Corp. director Kevin W. Craig received 214 shares of common stock as a grant in lieu of cash for a portion of his director fees. The shares were valued at $50.56 each on the grant date. Following this compensation-related award, he directly holds 27,594 shares of the company’s common stock, a figure that includes previously reported unvested restricted stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Craig Kevin W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	214	$50.56	$11K

Holdings After Transaction: Common Stock — 27,594 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: 214 shares Grant price: $50.56 per share Shares held after: 27,594 shares

3 metrics

Shares granted 214 shares Common stock grant in lieu of director fees

Grant price $50.56 per share Value used for the stock compensation grant

Shares held after 27,594 shares Direct holdings after transaction, including unvested RSUs

Key Terms

Grant, award, or other acquisition, restricted stock units, director's fees

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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."

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^*

Craig Kevin W

(Last) (First) (Middle)

1500 NITTERHOUSE DRIVE

(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		214(1)	A	$50.56	27,594(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 Kevin W. Craig	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 Franklin Financial (FRAF) director Kevin W. Craig report?

Kevin W. Craig reported receiving 214 shares of Franklin Financial common stock. The shares were granted as part of his director compensation, taken in stock instead of cash, and reflect a routine, non-market transaction rather than an open-market purchase or sale.

At what price were the Franklin Financial (FRAF) shares granted to Kevin W. Craig?

The 214 shares of Franklin Financial common stock were valued at $50.56 per share. This value reflects the grant price used for the stock-based portion of Craig’s director fees and is part of standard equity compensation, not a negotiated market trade.

How many Franklin Financial (FRAF) shares does Kevin W. Craig hold after this Form 4?

After the grant, Kevin W. Craig directly holds 27,594 shares of Franklin Financial common stock. This total includes previously reported unvested restricted stock units, giving a combined view of his direct equity-based position following the latest compensation award.

Was Kevin W. Craig’s Franklin Financial (FRAF) share transaction an open-market buy or sell?

The transaction was not an open-market buy or sell. It is coded as a grant or award, representing 214 shares received in lieu of cash for a portion of Craig’s director fees, consistent with stock-based compensation rather than discretionary trading activity.

How is Kevin W. Craig’s director compensation structured at Franklin Financial (FRAF)?

A portion of Kevin W. Craig’s director compensation is paid in stock rather than cash. In this instance, he received 214 shares of common stock valued at $50.56 per share, and his reported holdings include both common shares and previously reported unvested restricted stock units.