STOCK TITAN

Director Martin R. Brown receives 383 RSUs in Franklin Financial (NASDAQ: FRAF)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Brown Martin R
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 383 $0.00 --
Holdings After Transaction: Common Stock — 9,695 shares (Direct)
Footnotes (1)
  1. 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. Total shares includes 11 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.
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*
Brown Martin R

(Last) (First) (Middle)
1500 NITTERHOUSE DRIVE

(Street)
CHAMBERSBURG PA 17201

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/02/2026 A 383(1) A $0 9,695(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. 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.
2. Total shares includes 11 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.
/s/Amanda M. Ducey by Power of Attorney for Martin R. Brown 03/03/2026
** 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.

FAQ

What did Martin R. Brown report in this Form 4 for FRAF?

Martin R. Brown reported receiving 383 shares of Franklin Financial Services Common Stock through a restricted stock unit grant. This award increased his direct holdings to 9,695 shares, reflecting equity-based compensation rather than an open-market stock purchase for cash.

Was the FRAF insider transaction a stock purchase or an equity award?

The FRAF insider transaction was an equity award, not a market purchase. Brown received 383 restricted stock units at a reported price of $0.0000 per share, consistent with compensation grants that carry a right to receive shares upon vesting instead of immediate cash payment.

When do Martin R. Brown’s FRAF restricted stock units vest?

Brown’s restricted stock units vest on the earlier of March 1, 2027 or the end of his term. At vesting, each RSU represents a contingent right to receive one share of Franklin Financial Services Common Stock, aligning his compensation with long-term service.

How many FRAF shares does Martin R. Brown own after this transaction?

After the transaction, Brown is reported to directly own 9,695 shares of Franklin Financial Services Common Stock. This total includes 11 shares previously acquired through the company’s 2010 Dividend Reinvestment and Stock Purchase Plan, as noted in the filing footnotes.

What plan governed the FRAF restricted stock unit grant to Martin R. Brown?

The restricted stock unit grant to Brown was made under Franklin Financial Services’ 2019 Omnibus Stock Incentive Plan. Under this plan, each RSU represents a contingent right to receive one share of Common Stock, vesting based on continued service through the specified date or term end.

Does the FRAF Form 4 indicate any share sales by Martin R. Brown?

The Form 4 indicates no share sales by Martin R. Brown. It reports only an acquisition via grant of 383 restricted stock units, classified as a grant, award, or other acquisition, without any corresponding disposition or open-market sale transactions in the reported period.