Franklin Financial (FRAF) SVP acquires shares through ESPP plan

Rhea-AI Filing Summary

Franklin Financial Services Corp senior vice president and chief risk and strategy officer Louis J. Giustini acquired 82 shares of common stock through the 2025 Employee Stock Purchase Plan for the purchase period from December 1, 2025 through May 31, 2026.

The shares were purchased at $47.51 per share, equal to 90% of the closing price of the common stock on December 1, 2025, as provided under the plan. Following this transaction, Giustini directly holds 1,933 shares, which total includes 4 shares acquired under the 2010 Dividend Reinvestment and Stock Purchase Plan and previously reported unvested restricted stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Giustini Louis J

Role SVP, CRSO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	82	$47.51	$4K

Holdings After Transaction: Common Stock — 1,933 shares (Direct, null)

Footnotes (1)

1. Shares purchased pursuant to the Franklin Financial Services Corporation 2025 Employee Stock Purchase Plan ("ESPP")for the ESPP purchase period of December 1, 2025 through May 31, 2026. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of the issuer's common stock on December 1, 2025. Total shares includes 4 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan. Includes previously reported unvested restricted stock units.

Key Figures

ESPP shares acquired: 82 shares ESPP purchase price: $47.51 per share ESPP discount rate: 90% of closing price +2 more

5 metrics

ESPP shares acquired 82 shares Common stock acquired via 2025 Employee Stock Purchase Plan

ESPP purchase price $47.51 per share Price under ESPP for period Dec 1, 2025–May 31, 2026

ESPP discount rate 90% of closing price Based on closing price on December 1, 2025

Shares held after transaction 1,933 shares Total direct holdings after ESPP acquisition

Dividend plan shares included 4 shares Acquired under 2010 Dividend Reinvestment and Stock Purchase Plan

Key Terms

Employee Stock Purchase Plan, Dividend Reinvestment and Stock Purchase Plan, restricted stock units

3 terms

Employee Stock Purchase Plan financial

"Shares purchased pursuant to the Franklin Financial Services Corporation 2025 Employee Stock Purchase Plan ("ESPP")"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Dividend Reinvestment and Stock Purchase Plan financial

"Total shares includes 4 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan."

A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.

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.

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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^*

Giustini Louis 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CRSO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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	06/01/2026		A(1)		82	A	$47.51(2)	1,933(3)(4)	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. Shares purchased pursuant to the Franklin Financial Services Corporation 2025 Employee Stock Purchase Plan ("ESPP")for the ESPP purchase period of December 1, 2025 through May 31, 2026.

2. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of the issuer's common stock on December 1, 2025.

3. Total shares includes 4 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.

4. Includes previously reported unvested restricted stock units.

	/s/Amanda M. Ducey by Power of Attorney for Louis J. Giustini	06/02/2026
	** 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 Louis J. Giustini?

Louis J. Giustini acquired 82 shares of Franklin Financial common stock through the company’s 2025 Employee Stock Purchase Plan. The purchase covered the ESPP period from December 1, 2025 to May 31, 2026 and was reported as an acquisition on a Form 4 filing.

At what price were the new Franklin Financial (FRAF) shares acquired under the ESPP?

The 82 shares were purchased at $47.51 per share under the Employee Stock Purchase Plan. According to the plan terms, this reflects 90% of the closing price of Franklin Financial’s common stock on December 1, 2025, the ESPP pricing date for this purchase period.

How many Franklin Financial (FRAF) shares does Louis J. Giustini hold after this Form 4 transaction?

After the ESPP acquisition, Louis J. Giustini directly holds 1,933 shares of Franklin Financial common stock. This total includes 4 shares acquired through the 2010 Dividend Reinvestment and Stock Purchase Plan and previously reported unvested restricted stock units associated with his compensation.

What plan did Louis J. Giustini use to acquire new Franklin Financial (FRAF) shares?

Giustini acquired the 82 new shares under Franklin Financial’s 2025 Employee Stock Purchase Plan. The shares relate to the ESPP purchase period running from December 1, 2025 through May 31, 2026, and were bought at a discount set by the plan’s pricing formula.

How was the ESPP purchase price for Franklin Financial (FRAF) shares determined?

The ESPP price was set at 90% of the closing price of Franklin Financial’s common stock on December 1, 2025. This discount-based formula, stated in the plan, resulted in a purchase price of $47.51 per share for Louis J. Giustini’s 82-share acquisition.