Orrstown (ORRF) EVP Holt sells 7,820 shares, retains stock awards

Rhea-AI Filing Summary

Orrstown Financial Services EVP and Market President Christopher D. Holt sold 7,820 shares of common stock at $34.29 per share in an open-market transaction. After the sale, he directly holds 12,616 common shares, including 1,000 shares owned by his spouse.

He also holds 11,611 restricted stock units that vest three years after grant based on pre-set company performance goals, and 4,766 time-vested restricted shares with various vesting dates over the next three years. These awards provide additional equity exposure beyond his directly held common shares.

Insider Trade Summary

Net Seller: 7,820 shares ($268,148)

Net Sell 3 txns

Insider Holt Christopher D

Role EVP, Market President

Sold 7,820 shs ($268K)

Type	Security	Shares	Price	Value
Sale	Orrstown Financial Services, Inc, Common Stock	7,820	$34.29	$268K
holding	Orrstown Financial Services, Inc., Common, Rest. Stock. Unt.	--	--	--
holding	Orrstown Financial Services, Inc. Common, Restricted Stock	--	--	--

Holdings After Transaction: Orrstown Financial Services, Inc, Common Stock — 12,616 shares (Direct); Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. — 11,611 shares (Direct); Orrstown Financial Services, Inc. Common, Restricted Stock — 4,766 shares (Direct)

Footnotes (1)

1. Includes 1,000 shares owned by the reporting persons spouse Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria. Time-vested restricted stock with various vesting dates over the next three years

Form 4 Insider Transactions: What Each Field Means →

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^*

Holt Christopher D

(Last) (First) (Middle)

4750 LINDLE ROAD

(Street)

HARRISBURG PA 17111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ORRSTOWN FINANCIAL SERVICES INC [ ORRF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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
Orrstown Financial Services, Inc, Common Stock	03/11/2026		S		7,820	D	$34.29	12,616(1)	D
Orrstown Financial Services, Inc., Common, Rest. Stock. Unt.								11,611(2)	D
Orrstown Financial Services, Inc. Common, Restricted Stock								4,766(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. Includes 1,000 shares owned by the reporting persons spouse

2. Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.

3. Time-vested restricted stock with various vesting dates over the next three years

Remarks:

	/s/ Casara I Kieffer as P.O.A.	03/12/2026
	** 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 insider transaction did ORRF executive Christopher Holt report on this Form 4?

Christopher D. Holt reported selling 7,820 shares of Orrstown Financial Services common stock. The open-market transaction was executed at $34.29 per share, and he remains a significant holder through directly owned shares plus restricted stock and performance-based units.

At what price did ORRF EVP Christopher Holt sell his Orrstown shares?

He sold 7,820 Orrstown Financial Services common shares at $34.29 per share. This was classified as an open-market sale, providing cash proceeds while he continues to hold additional common stock, restricted stock units, and time-vested restricted shares in the company.

How many ORRF shares does Christopher Holt hold after the reported sale?

After the transaction, Christopher Holt directly holds 12,616 Orrstown Financial Services common shares. This figure includes 1,000 shares owned by his spouse, reflecting his ongoing direct equity ownership position following the open-market sale disclosed in the Form 4.

What restricted stock units does ORRF executive Christopher Holt own?

Holt holds 11,611 restricted stock units in Orrstown Financial Services. These RSUs vest three years after the grant date, and vesting depends on pre-established company performance criteria, aligning part of his compensation with Orrstown’s long-term performance outcomes.

What time-vested restricted stock does Christopher Holt have in ORRF?

He holds 4,766 shares of time-vested restricted Orrstown Financial Services stock. These shares have various vesting dates over the next three years, creating a staggered schedule that ties continued service and long-term commitment to future share ownership.

Does the ORRF Form 4 show any Orrstown shares held by Christopher Holt’s spouse?

Yes. The filing notes that Holt’s 12,616 directly held common shares include 1,000 shares owned by his spouse. These spouse-held shares are counted within his reported direct ownership, increasing the combined household exposure to Orrstown Financial Services equity.