Director Kevin W. Craig receives 424-share equity award at Franklin Financial (NASDAQ: FRAF)

Rhea-AI Filing Summary

Franklin Financial Services Corp. director Kevin W. Craig reported an equity award of 424 shares of common stock. The shares were granted at no cash cost as restricted stock units under the company’s 2019 Omnibus Stock Incentive Plan. Each RSU represents the right to receive one share of common stock.

The RSUs will vest on the earlier of March 1, 2027 or the end of Craig’s board term. Following this award, Craig’s direct holdings total 27,380 shares of Franklin Financial common stock, which includes 154 shares acquired through the company’s 2010 Dividend Reinvestment and Stock Purchase Plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Craig Kevin W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	424	$0.00	--

Holdings After Transaction: Common Stock — 27,380 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 154 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.

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^*

Craig Kevin W

(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		424(1)	A	$0	27,380(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 154 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.

	/s/Amanda M. Ducey by Power of Attorney for Kevin W. Craig	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 insider transaction did Franklin Financial Services (FRAF) director Kevin W. Craig report?

Director Kevin W. Craig reported receiving an equity award of 424 shares of Franklin Financial common stock. The award is structured as restricted stock units under the 2019 Omnibus Stock Incentive Plan, granting one share of common stock for each RSU upon vesting.

How many Franklin Financial (FRAF) shares does Kevin W. Craig hold after this Form 4 transaction?

After the reported award, Kevin W. Craig directly holds 27,380 Franklin Financial common shares. This total includes 154 shares acquired through the company’s 2010 Dividend Reinvestment and Stock Purchase Plan, as disclosed in the Form 4 footnotes.

What are the vesting terms of the RSUs granted to Franklin Financial (FRAF) director Kevin W. Craig?

The restricted stock units granted to Kevin W. Craig vest on the earlier of March 1, 2027 or the end of his board term. Each vested RSU converts into one share of Franklin Financial common stock, aligning director compensation with long-term shareholder interests.

Was there a purchase price for the 424 Franklin Financial (FRAF) shares reported by Kevin W. Craig?

The 424 shares were granted at a reported price of $0.0000 per share, reflecting a director equity award rather than an open-market purchase. The transaction is classified as a grant or other acquisition under the company’s 2019 Omnibus Stock Incentive Plan.

Under which plan were the RSUs in this Franklin Financial (FRAF) Form 4 granted?

The restricted stock units granted to Kevin W. Craig were issued under Franklin Financial’s 2019 Omnibus Stock Incentive Plan. This plan allows equity-based compensation, with each RSU representing a contingent right to receive one share of common stock upon vesting.

How were some of Kevin W. Craig’s Franklin Financial (FRAF) shares originally acquired?

The Form 4 footnotes state that 154 shares in Kevin W. Craig’s total holdings were acquired through Franklin Financial’s 2010 Dividend Reinvestment and Stock Purchase Plan. This program reinvests dividends into additional common shares over time.