Franklin Financial (FRAF) director receives 63-share equity fee grant

Rhea-AI Filing Summary

Duffey Gregory A reported acquisition or exercise transactions in this Form 4 filing.

Franklin Financial Services Corp. director Gregory A. Duffey received an award of 63 shares of Common Stock. The shares were granted in lieu of cash for a portion of his director’s fees, at a reported value of $50.56 per share. After this equity grant, his directly held position totals 23,705 shares, which includes previously reported unvested restricted stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Duffey Gregory A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	63	$50.56	$3K

Holdings After Transaction: Common Stock — 23,705 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: 63 shares Grant value per share: $50.56 per share Total shares after transaction: 23,705 shares

3 metrics

Shares granted 63 shares Equity grant in lieu of a portion of director’s fees

Grant value per share $50.56 per share Reported value for the 63-share director equity award

Total shares after transaction 23,705 shares Director’s direct holdings following the grant, including unvested RSUs

Key Terms

restricted stock units, director's fees, Common Stock

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

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

Common Stock financial

"security_title: Common Stock; 63.0000 shares granted."

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.

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^*

Duffey Gregory A

(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		63(1)	A	$50.56	23,705(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 Gregory A. Duffey	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) report for Gregory A. Duffey?

Franklin Financial reported that director Gregory A. Duffey received 63 shares of Common Stock as an equity grant. The shares were awarded as part of his director compensation, rather than paying that portion of his fees in cash.

Was the recent Franklin Financial (FRAF) Form 4 a stock purchase or a grant?

The Form 4 reflects a stock grant, not an open-market purchase. Gregory A. Duffey received 63 shares as a grant in lieu of cash director’s fees, classified as a grant or award acquisition under SEC transaction code A.

At what value were the 63 Franklin Financial (FRAF) shares granted to the director?

The 63 Common Stock shares were valued at $50.56 per share for reporting purposes. This value is used to quantify the director’s equity compensation received instead of cash, as disclosed in the Form 4 filing footnotes and transaction details.

How many Franklin Financial (FRAF) shares does Gregory A. Duffey hold after the grant?

Following the 63-share equity grant, Gregory A. Duffey directly holds 23,705 shares of Franklin Financial Common Stock. This reported total also includes previously disclosed unvested restricted stock units, according to the footnote in the Form 4 filing.

Why did Franklin Financial (FRAF) grant shares instead of cash to its director?

The filing states that the 63 shares were received in lieu of cash for a portion of Gregory A. Duffey’s director’s fees. Paying fees partly in stock aligns director compensation with shareholder interests by increasing the director’s ownership stake in the company.