Franklin director granted 383 RSUs in FRAF stock
FRANKLIN FINANCIAL SERVICES CORP director Martin R. Brown reported an acquisition of 383 shares of Common Stock through a grant of restricted stock units, with no cash price per share.
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Rhea-AI Filing Summary
FRANKLIN FINANCIAL SERVICES CORP director Martin R. Brown reported an acquisition of 383 shares of Common Stock through a grant of restricted stock units, with no cash price per share. These RSUs vest on the earlier of March 1, 2027 or the end of his term. After this award, his directly held total is 9,695 shares, including 11 shares obtained through the company’s dividend reinvestment and stock purchase plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 383 | $0.00 | $0.00 |
Footnotes (2)
- F1. Pursuant to the issuer's 2019 Omnibus Stock Incentive Plan, the reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. RSUs will vest the earlier of March 1, 2027 or end of term.
- F2. Total shares includes 11 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Martin R. Brown report in this Form 4 for FRAF?
Was the FRAF insider transaction a stock purchase or an equity award?
When do Martin R. Brown’s FRAF restricted stock units vest?
What plan governed the FRAF restricted stock unit grant to Martin R. Brown?
AI-generated analysis. How Rhea-AI works. Not financial advice.