[Form 4] Franklin Financial Services Corporation Insider Trading Activity

Rhea-AI Filing Summary

Franklin Financial Services Corp. (FRAF) – Form 4 filing

Director Martin R. Brown reported the acquisition of 142 shares of the company’s common stock on 06/23/2025. The shares, valued at $34.60 each, were received in lieu of cash for a portion of his director fees.

After the transaction, Brown’s direct beneficial ownership stands at 9,089 shares. This figure includes previously disclosed unvested restricted stock units and 15 shares accumulated under the 2010 Dividend Reinvestment and Stock Purchase Plan.

No derivative securities transactions or share dispositions were reported in this filing.

Insights

Securities Analyst

TL;DR: 142-share fee-based award; small size renders the filing neutral for investors.

The Form 4 shows a director obtaining shares as part of board compensation rather than through an open-market purchase. While the transaction increases insider ownership to 9,089 shares, the market value (≈ US$4,900) is immaterial relative to the company’s float and therefore unlikely to influence valuation or liquidity. No sales or derivatives were disclosed, so the report does not alter supply–demand dynamics. Overall, the filing is informational and carries limited market impact.

Corporate Governance Expert

TL;DR: Routine equity-for-fees arrangement, signals alignment but not a governance inflection point.

Franklin Financial compensates directors partly in equity, an accepted practice to align board and shareholder interests. Martin R. Brown’s new 142-share allotment, together with prior restricted units and DRIP participation, modestly deepens his stake. The absence of sales suggests continued commitment, yet the volume is too small to materially enhance monitoring incentives or voting power. No governance red flags or unusual structures appear in the disclosure. Impact on oversight quality is therefore neutral.

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
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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^*

Brown Martin R

(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)
06/23/2025

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	06/23/2025		A		142(1)	A	$34.6	9,089(2)(3)	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.

3. Total shares includes 15 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.

	/s/Amanda M. Ducey by Power of Attorney for Martin R. Brown	06/23/2025
	** 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.

FAQ

How many shares did Director Martin R. Brown acquire in the latest FRAF Form 4?

He acquired 142 shares of Franklin Financial Services common stock.

What was the reported price per share for the acquisition?

The filing lists a price of $34.60 per share.

What is Martin R. Brown’s total beneficial ownership after the transaction?

Following the acquisition, he directly owns 9,089 shares.

Why were the shares issued to Martin R. Brown?

The shares were received in lieu of cash for a portion of his director fees.

Did the Form 4 disclose any derivative security transactions?

No. The filing reports no derivative securities acquired or disposed of.

Are the shares owned directly or through an indirect arrangement?

The filing indicates direct (D) ownership of the 9,089 shares.