Director Joel R. Zullinger granted 2,000 Orrstown (ORRF) restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orrstown Financial Services director Joel R. Zullinger received an award of 2,000 shares of restricted common stock on January 29, 2026 at a grant price of $0 per share. This restricted stock is scheduled to vest on May 3, 2027.
After this grant, Zullinger beneficially owns 6,600 shares of restricted stock with various vesting dates over the next 18 months, held directly. He also directly owns 49,772 shares of Orrstown common stock, which include 3,605 shares owned jointly with his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ZULLINGER JOEL R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Orrstown Financial Services, Inc. Common, Restricted Stock | 2,000 | $0.00 | -- |
| holding | Orrstown Financial Services, Inc, Common Stock | -- | -- | -- |
Holdings After Transaction:
Orrstown Financial Services, Inc. Common, Restricted Stock — 6,600 shares (Direct);
Orrstown Financial Services, Inc, Common Stock — 49,772 shares (Direct)
Footnotes (1)
- Restricted Stock with Vesting Date of May 3, 2027 Restricted stock with various vesting dates over the next 18 months. Includes 3,605 shares owned jointly with the reporting persons spouse
FAQ
What did Orrstown (ORRF) director Joel R. Zullinger report in this Form 4?
Joel R. Zullinger reported receiving 2,000 shares of restricted Orrstown common stock on January 29, 2026. The grant was priced at $0 per share, increasing his directly held restricted stock balance to 6,600 shares with staggered vesting schedules.
Was this Orrstown (ORRF) Form 4 a purchase, sale, or equity award?
The Form 4 reflects an equity award of 2,000 restricted shares to director Joel R. Zullinger, coded as an acquisition at $0 per share. It does not report any open-market purchases or sales of Orrstown common stock in this filing.