[Form 4] Franklin Financial Services Corporation Insider Trading Activity

Rhea-AI Filing Summary

Charles B. Carroll Jr., Executive Vice President and Chief Operating Officer of Franklin Financial Services Corp. (FRAF), reported a sale of common stock. On 08/28/2025 he disposed of 650 shares at a price of $46.55 per share, leaving him with 3,498 shares beneficially owned after the transaction. The reported total includes 13 shares acquired under the companys 2010 Dividend Reinvestment and Stock Purchase Plan and also reflects previously reported unvested restricted stock units. The Form 4 was filed by one reporting person and signed by power of attorney on 08/29/2025.

Positive

• Timely and specific disclosure of the insider sale with transaction date, price, and post-transaction holdings
• Ownership breakdown provided indicating DRIP shares and unvested restricted stock units, improving transparency
• Form signed by power of attorney, showing an executed filing consistent with reporting requirements

Negative

• Insider disposition of 650 shares reduces executives stake, which some investors may view unfavorably
• No statement in the filing that the sale was made pursuant to a Rule 10b5-1 trading plan

Insights

Financial Analyst

TL;DR: An officer sold a small block of shares; transaction appears routine and fully disclosed.

The sale of 650 shares at $46.55 reduces the officers holdings to 3,498 shares. The filing notes inclusion of 13 DRIP shares and previously reported unvested restricted stock units in the post-transaction total. There is no additional financial data, performance metrics, or indication that the sale was part of a Rule 10b5-1 plan in this filing. For investors, this is a clear, routine Section 16 disclosure showing an insider disposition with exact share count and price.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 formatting; sale is documented and signed by POA.

The Form 4 identifies the reporting persons role as EVP and COO and indicates the form was filed by one reporting person and signed under power of attorney on 08/29/2025. The form explains components of the ownership total, including DRIP participation and unvested RSUs, which aids transparency. The filing does not assert compliance with a 10b5-1 plan and contains no amendment history beyond the reported transaction, limiting further governance conclusions.

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^*

Carroll Charles Benner Jr

(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, COO

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	08/28/2025		S		650	D	$46.55	3,498(1)(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. Total shares includes 13 shares acquired pursuant to the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan.

2. Includes previously reported unvested restricted stock units.

	/s/Amanda M. Ducey by Power of Attorney for Charles B. Carroll, Jr.	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 transaction did Charles B. Carroll Jr. report on Form 4 for FRAF?

He reported a sale of 650 common shares of Franklin Financial Services at $46.55 per share on 08/28/2025.

How many shares does the reporting person own after the reported transaction?

The filing shows 3,498 shares beneficially owned following the sale.

Does the Form 4 explain components of the reported ownership?

Yes. It notes 13 shares were from the companys 2010 Dividend Reinvestment and Stock Purchase Plan and includes previously reported unvested restricted stock units.

What is the reporting persons role at Franklin Financial Services (FRAF)?

The reporting person is listed as EVP, COO of Franklin Financial Services Corporation.

When was the Form 4 signed and filed?

The signature by power of attorney is dated 08/29/2025 as shown on the filing.