Franklin Financial (NASDAQ: FRAF) director receives 174-share stock award

Rhea-AI Filing Summary

Craig Kevin W reported acquisition or exercise transactions in this Form 4 filing.

Franklin Financial Services Corp. director Kevin W. Craig received 174 shares of Common Stock as compensation. The shares, valued at $63.21 per share, were issued in lieu of cash for a portion of his director fees, bringing his direct holdings to 27,765 shares, including previously reported unvested restricted stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Craig Kevin W

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	174	$63.21	$11K

Holdings After Transaction: Common Stock — 27,765 shares (Direct, null)

Footnotes (1)

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: 174 shares Grant value per share: $63.21 per share Total shares after grant: 27,765 shares

3 metrics

Shares granted 174 shares Common Stock grant as director fees

Grant value per share $63.21 per share Recorded value for stock award

Total shares after grant 27,765 shares Direct holdings following transaction, including unvested RSUs

Key Terms

restricted stock units, director's fees, Common Stock

3 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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 01:08 PM Accepted by SEC EDGAR 06/29/2026 - 01:08 PM Learn about SEC filing dates

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

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	06/29/2026		A		174(1)	A	$63.21	27,765(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. These shares were received in lieu of cash for a portion of the reporting person's director's fees.

2. Includes previously reported unvested restricted stock units.

	/s/Amanda M. Ducey by Power of Attorney for Kevin W. Craig	06/29/2026
	** 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 FRAF director Kevin W. Craig report?

Kevin W. Craig reported receiving 174 shares of Franklin Financial Services Corp. Common Stock. The shares were granted as part of his director compensation, rather than purchased in the market, and increased his directly held stake in the company.

Was the FRAF Form 4 transaction a market purchase or a grant?

The FRAF Form 4 transaction was a grant, not a market purchase. The 174 Common Stock shares were received in lieu of cash for a portion of Kevin W. Craig’s director fees, reflecting equity-based compensation rather than trading activity.

At what price were the 174 FRAF shares recorded on the Form 4?

The 174 Franklin Financial Services Corp. shares were recorded at $63.21 per share. This figure represents the value used for the equity award in lieu of cash director fees, not an open-market trade price executed by the director.

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

After this transaction, Kevin W. Craig directly holds 27,765 shares of Franklin Financial Services Corp. Common Stock. This total includes previously reported unvested restricted stock units, as disclosed in the Form 4 footnotes.

Why did Kevin W. Craig receive FRAF shares instead of cash?

Kevin W. Craig received the shares instead of cash because a portion of his director’s fees was paid in stock. The Form 4 footnote explains that the 174 shares were issued in lieu of cash, reflecting the company’s equity-based director compensation structure.

What type of security was involved in the FRAF Form 4 filing?

The security involved was Franklin Financial Services Corp. Common Stock. The Form 4 reports a non-derivative transaction where 174 shares were granted as compensation, and confirms that Craig’s ownership is direct rather than through an intermediary entity.