STOCK TITAN

Director Elliott G. Warren awarded 771 RSUs at Franklin Financial (NASDAQ: FRAF)

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

Rhea-AI Filing Summary

Franklin Financial Services Corp. director Elliott G. Warren reported an equity award of 771 shares of Common Stock as a grant or other acquisition under the company’s 2019 Omnibus Stock Incentive Plan. The award consists of restricted stock units that convert into one share of Common Stock per unit and will vest on the earlier of March 1, 2027 or the end of his board term.

After this grant, Warren holds 17,965 shares of Common Stock directly, which includes 103 shares acquired through the company’s 2010 Dividend Reinvestment and Stock Purchase Plan. The filing also notes 334 shares held indirectly by his adult child living in his home, for which he disclaims beneficial ownership except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider ELLIOTT G WARREN
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 771 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 17,965 shares (Direct); Common Stock — 334 shares (Indirect, See Footnote)
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 103 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan. These shares are held by the reporting person's adult child living in the home. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
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*
ELLIOTT G WARREN

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

(Street)
CHAMBERSBURG PA 17201-6010

(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 771(1) A $0 17,965(2) D
Common Stock 334 I See Footnote(3)
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 103 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.
3. These shares are held by the reporting person's adult child living in the home. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
/s/Amanda M. Ducey by Power of Attorney for G. Warren Elliott 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 Elliott G. Warren report for FRAF?

Elliott G. Warren reported an acquisition of 771 restricted stock units tied to Franklin Financial Services Corp. common stock. These RSUs were granted under the 2019 Omnibus Stock Incentive Plan and represent a contingent right to receive one share of common stock for each unit.

How many Franklin Financial (FRAF) shares does Elliott G. Warren hold after this Form 4?

Following the reported grant, Elliott G. Warren holds 17,965 shares of Franklin Financial common stock directly. This total includes 103 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 Elliott G. Warren’s new RSUs at Franklin Financial (FRAF)?

The restricted stock units granted to Elliott G. Warren will vest on the earlier of March 1, 2027 or the end of his board term. Each RSU represents a contingent right to receive one share of Franklin Financial common stock upon vesting, according to the filing.

Under which plan were Elliott G. Warren’s RSUs at Franklin Financial (FRAF) granted?

The RSUs were granted under Franklin Financial’s 2019 Omnibus Stock Incentive Plan. This plan provides equity-based awards such as restricted stock units, giving directors like Elliott G. Warren a contingent right to receive common shares based on service and vesting conditions.

Did Elliott G. Warren buy Franklin Financial (FRAF) shares in the open market?

No open-market purchase is reported. The Form 4 shows a grant of 771 restricted stock units at a price of $0.00 per share as a stock award, not a market transaction, under the company’s 2019 Omnibus Stock Incentive Plan.