[Form 4] Franklin Financial Services Corporation Insider Trading Activity

Rhea-AI Filing Summary

Scott D. Ehrig, SVP and Chief Wealth Officer of Franklin Financial Services Corp (FRAF), reported a sale of 1,060 shares of the company's common stock on 08/27/2025 at a price of $46.83 per share. After this transaction Mr. Ehrig beneficially owns 1,942 shares in total; the filing clarifies that this total includes previously reported unvested restricted stock units. The Form 4 was signed by an authorized representative on 08/29/2025. The filing documents an individual insider sale and the remaining reported holdings include both vested and unvested equity.

Positive

• Disclosure compliance: The filing provides clear transaction date, price, and post-transaction holdings as required.
• Clarity on unvested awards: The form explicitly states that the post-transaction total includes previously reported unvested restricted stock units.

Negative

• Insider sale: An officer disposed of 1,060 shares, which reduces direct beneficial ownership.
• No context on reason: The filing does not state whether the sale was for diversified liquidity, tax, or other personal reasons.

Insights

Corporate Governance Expert

TL;DR: A routine insider sale of 1,060 shares was reported; remaining holdings (1,942 shares) include unvested restricted stock units.

The sale appears as an ordinary disposition by a senior officer rather than a grant or exercise. The filing explicitly notes inclusion of previously reported unvested restricted stock units in the post-transaction total, which affects the interpretation of immediately realizable ownership versus long‑term incentive holdings. There is no indication of additional derivative transactions, plan-based trades, or coordinated group filings.

Securities Analyst

TL;DR: Insider sold 1,060 shares at $46.83, leaving 1,942 shares beneficially owned; disclosure is straightforward and non-material by itself.

From a market-materiality perspective, the quantity sold is small relative to typical outstanding share counts for public banks and no compensatory grant is reported here. The explicit note that the remaining total includes unvested RSUs is useful for parsing actual voting/transferable shares versus incentive awards. No derivatives or additional changes were reported.

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^*

Ehrig Scott 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)
	SVP, Chief Wealth Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

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	08/27/2025		S		1,060	D	$46.83	1,942(1)	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. Includes previously reported unvested restricted stock units.

	/s/Amanda M. Ducey by Power of Attorney for Scott D. Ehrig	08/29/2025
	** 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

What did the FRAF insider sell on Form 4?

Scott D. Ehrig sold 1,060 shares of Franklin Financial Services (FRAF) common stock on 08/27/2025 at $46.83 per share.

How many FRAF shares does Scott D. Ehrig own after the sale?

The filing reports Mr. Ehrig beneficially owns 1,942 shares following the reported transaction; this total includes previously reported unvested restricted stock units.

Does the Form 4 show any option exercises or derivative transactions for FRAF?

No. Table II lists no derivative securities; the filing only reports a non-derivative sale of common stock.

When was the Form 4 signed and filed?

The signature block shows the form was signed by a Power of Attorney on 08/29/2025.

Is this filing part of a group or joint filing?

No. The form is marked as filed by one reporting person.