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Franklin Financial (FRAF) director awarded 450 restricted stock units

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

Rhea-AI Filing Summary

Fisher Daniel J reported acquisition or exercise transactions in this Form 4 filing.

Franklin Financial Services Corp director Daniel J. Fisher received an equity award under the company’s 2019 Omnibus Stock Incentive Plan. He was granted 450 restricted stock units, each representing a contingent right to receive one share of common stock, at no purchase price.

The RSUs will vest on the earlier of March 1, 2027 or the end of his term, aligning his interests with long-term shareholder value. Following this grant, Fisher holds 30,143 shares of common stock directly.

Positive

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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*
Fisher Daniel J

(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 450(1) A $0 30,143 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.
/s/Amanda M. Ducey by Power of Attorney for Daniel J. Fisher 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 Franklin Financial Services (FRAF) director Daniel J. Fisher report on this Form 4?

Daniel J. Fisher reported receiving an equity grant of 450 restricted stock units. These units were awarded at no purchase price and increase his total direct holdings to 30,143 common shares, reinforcing his long-term financial alignment with Franklin Financial Services shareholders.

How many restricted stock units did Daniel J. Fisher receive from Franklin Financial Services (FRAF)?

He received 450 restricted stock units under the 2019 Omnibus Stock Incentive Plan. Each RSU represents a contingent right to receive one share of common stock, subject to the vesting conditions described in the award, which link compensation to long-term service.

When do Daniel J. Fisher’s Franklin Financial Services (FRAF) RSUs vest?

The restricted stock units vest at the earlier of March 1, 2027, or the end of Fisher’s term. This time-based vesting schedule encourages continued board service and supports longer-term alignment between his compensation and the company’s performance over several years.

What is the cost per share for Daniel J. Fisher’s Franklin Financial Services (FRAF) RSU grant?

The RSU grant was reported with a price per share of $0.00. This indicates the award was a compensatory grant rather than an open-market purchase, reflecting standard equity-based director compensation rather than a cash-funded investment transaction.

How many Franklin Financial Services (FRAF) shares does Daniel J. Fisher own after this RSU grant?

After the reported grant, Fisher directly owns 30,143 shares of Franklin Financial Services common stock. This total reflects his holdings following the 450-unit RSU award and highlights his existing equity stake in the company alongside other shareholders.

What does each restricted stock unit represent in Daniel J. Fisher’s Franklin Financial Services (FRAF) award?

Each restricted stock unit represents a contingent right to receive one share of Franklin Financial Services common stock. Delivery of shares depends on vesting, which occurs at the earlier of March 1, 2027, or the end of Fisher’s board term, per the plan terms.
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