Planned sale of 2,500 Orrstown (NASDAQ: ORRF) shares filed
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Orrstown Financial Services, Inc. received a notice of proposed sale under Rule 144 covering 2,500 shares of its common stock. The shares are expected to be sold on or about 02/05/2026 on the NASDAQ through Merrill Lynch.
The 2,500 shares have an aggregate market value of $94,500 based on the figures provided, compared with 19,507,208 shares of common stock outstanding. The seller acquired 3,062 shares on 07/01/2024 in a merger with Orrstown Financial Services, Inc., through an exchange of shares.
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FAQ
What does the Orrstown Financial Services (ORRF) Form 144 filing report?
The Form 144 reports a planned sale of 2,500 shares of Orrstown Financial Services common stock. These shares have an aggregate market value of $94,500 and are expected to be sold on NASDAQ through Merrill Lynch, subject to Rule 144 conditions.
When is the planned sale date in the Orrstown Financial Services (ORRF) Form 144?
The filing lists an approximate sale date of 02/05/2026 for the 2,500 Orrstown Financial Services common shares. This date reflects when the seller expects to begin transactions, subject to market conditions and Rule 144 requirements for resales of restricted or control securities.
Which broker and exchange are involved in the Orrstown Financial Services (ORRF) Form 144 sale?
The notice identifies Merrill Lynch, located at 110 N. Duke Street, Lancaster, PA 17602, as the broker handling the sale. The securities are expected to be sold on the NASDAQ exchange as common stock of Orrstown Financial Services, Inc.