Director at Franklin Financial (FRAF) takes board fees in stock

Rhea-AI Filing Summary

Fisher Daniel J reported acquisition or exercise transactions in this Form 4 filing.

Franklin Financial Services Corp. director Daniel J. Fisher received a grant of 97 shares of common stock on March 30, 2026, valued at $50.56 per share. The shares were issued in lieu of cash for a portion of his director fees, making this a compensation-related award rather than an open-market purchase.

After this grant, Fisher directly holds 30,240 shares of Franklin Financial common stock, which includes previously reported unvested restricted stock units. This filing shows a small, routine increase in his equity-based compensation and overall ownership stake.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Fisher Daniel J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	97	$50.56	$5K

Holdings After Transaction: Common Stock — 30,240 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: 97 shares Grant value per share: $50.56 per share Total shares after grant: 30,240 shares

3 metrics

Shares granted 97 shares Common Stock grant on March 30, 2026

Grant value per share $50.56 per share Value used for the 97-share grant

Total shares after grant 30,240 shares Director’s direct holdings following transaction

Key Terms

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

3 terms

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 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^*

Fisher Daniel J

(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		97(1)	A	$50.56	30,240(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 Daniel J. Fisher	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 did Daniel J. Fisher report in this Form 4 for FRAF?

Daniel J. Fisher reported receiving 97 shares of Franklin Financial common stock as compensation. The shares were granted at $50.56 per share in lieu of part of his director fees, modestly increasing his direct equity stake in the company.

Was the FRAF insider transaction an open-market purchase or a grant?

The transaction was a grant, not an open-market purchase. Fisher received 97 shares of common stock as a stock-based payment for a portion of his director fees, classified as a grant, award, or other acquisition on the Form 4.

How many FRAF shares does Daniel J. Fisher own after this transaction?

After this transaction, Daniel J. Fisher directly holds 30,240 shares of Franklin Financial common stock. This figure includes his previously reported unvested restricted stock units, providing a snapshot of his total direct equity interest following the grant.

What was the price used for the granted FRAF shares?

The 97 granted shares were valued at $50.56 per share. This price is used on the Form 4 to indicate the per-share value of the stock received as compensation, even though it was not an open-market trade on an exchange.

Why did the Franklin Financial director receive shares instead of cash?

According to the filing, the director received the 97 shares in lieu of cash for a portion of his director fees. This means part of his regular board compensation was paid in company stock rather than cash, aligning pay with equity ownership.