Franklin Financial (NASDAQ: FRAF) director receives 78-share stock grant as board fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Franklin Financial Services Corp. director Daniel J. Fisher reported receiving additional common stock as part of his board compensation. On this Form 4, he acquired 78 shares of Common Stock at a price of $63.21 per share, received in lieu of cash for a portion of his director’s fees.
Following this grant, Fisher directly holds 30,318 shares of Franklin Financial Services Corp. common stock, which includes previously reported unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fisher Daniel J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 78 | $63.21 | $5K |
Holdings After Transaction:
Common Stock — 30,318 shares (Direct, null)
Footnotes (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: 78 shares
Grant valuation price: $63.21 per share
Total direct holdings after grant: 30,318 shares
3 metrics
Shares granted
78 shares
Common Stock grant as director fees on June 29, 2026
Grant valuation price
$63.21 per share
Value used for 78-share Common Stock award
Total direct holdings after grant
30,318 shares
Common Stock directly owned after reported transaction
Key Terms
restricted stock units, director's fees, Common Stock, Grant, award, or other acquisition
4 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"
Common Stock financial
"security_title: "Common Stock""
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Daniel J. Fisher report in this Form 4 for FRAF?
Daniel J. Fisher reported receiving 78 shares of Franklin Financial Services Corp. common stock. These shares were granted as part of his compensation for board service, rather than paid in cash, and increase his total reported direct holdings.
What are Daniel J. Fisher’s total reported FRAF holdings after this transaction?
After this compensation-related stock grant, Fisher’s total direct holdings are reported as 30,318 shares of Franklin Financial Services Corp. common stock. This figure also includes previously reported unvested restricted stock units, as disclosed in the Form 4 footnotes.
Was Fisher’s Form 4 transaction an open-market buy or a stock grant?
The Form 4 shows a stock grant, not an open-market purchase. The transaction code "A" and footnote clarify the 78 shares were received in lieu of cash for a portion of Fisher’s director’s fees, reflecting compensation rather than trading activity.