Franklin Financial EVP Exercises 2,700 Stock Options, Updates Stake

Franklin Financial Services Corp. executive reports stock option activity.

Rhea-AI Filing Summary

Franklin Financial Services Corp. executive reports stock option activity. The company’s EVP and Chief Credit Services Officer exercised 2,700 incentive stock options at an exercise price of $21.27 per share on 12/18/2025, receiving common stock through a cashless exercise.

The issuer withheld 1,024 shares at a market price of $56.12 per share to cover the difference between the market price and the option exercise price. After these transactions, the executive beneficially owns 6,602 shares of common stock, which includes previously reported unvested restricted stock units. The filing also shows remaining incentive stock options for 2,700 shares at $30.00 per share expiring on 02/23/2027, and 2,700 shares at $34.10 per share expiring on 02/22/2028.

Insider Trade Summary

2,700 shares exercised/converted

Exercise 5 txns

Insider Butz Steven D

Role EVP, CCSO

Type	Security	Shares	Price	Value
Exercise	Incentive Stock Option (Right to Buy)	2,700	$0.00	$0.00
Exercise	Common Stock	2,700	$21.27	$57K
Exercise Price or Tax Liability	Common Stock	1,024	$56.12	$57K
holding	Incentive Stock Option (Right to Buy)	--	--	--
holding	Incentive Stock Option (Right to Buy)	--	--	--

Holdings After Transaction: Incentive Stock Option (Right to Buy) — 5,400 contracts (Direct); Common Stock — 6,602 shares (Direct)

Footnotes (2)

1. F1. Reflects shares withheld by issuer at the market price of $56.12 per share less an exercise price of $21.27 per share to fund the cashless exercise of 2,700 incentive stock options owned by the reporting person pursuant to the issuer's 2013 Incentive Stock Option Plan.
2. F2. Includes previously reported unvested restricted stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 12/18/2025 - 03:27 PM EST 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^*

Butz Steven D

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/18/2025

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	12/18/2025		M		2,700(1)	A	$21.27	7,626(2)	D
Common Stock	12/18/2025		F		1,024(1)	D	$56.12	6,602(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
Incentive Stock Option (Right to Buy)	$21.27	12/18/2025		M			2,700	08/25/2016	02/25/2026	Common Stock	2,700	$0	0	D
Incentive Stock Option (Right to Buy)	$30							08/23/2017	02/23/2027	Common Stock	2,700		2,700	D
Incentive Stock Option (Right to Buy)	$34.1							08/22/2018	02/22/2028	Common Stock	2,700		2,700	D

Explanation of Responses:

1. Reflects shares withheld by issuer at the market price of $56.12 per share less an exercise price of $21.27 per share to fund the cashless exercise of 2,700 incentive stock options owned by the reporting person pursuant to the issuer's 2013 Incentive Stock Option Plan.

2. Includes previously reported unvested restricted stock units.

	/s/Amanda M. Ducey by Power of Attorney for Steven D. Butz	12/18/2025
	** 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.