Orrstown (ORRF) director awarded 1,000 restricted shares, holds 37,770 common
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orrstown Financial Services director Glenn W. Snoke reported a stock award under the company’s equity plan. On January 29, 2026, he received 1,000 shares of restricted common stock at a price of $0, bringing his restricted stock holdings to 3,500 shares held directly.
The newly granted 1,000 restricted shares are scheduled to vest on May 3, 2027. The filing also notes additional restricted stock positions with various vesting dates over the next 18 months. Separately from the restricted stock, Snoke directly holds 37,770 shares of Orrstown Financial Services common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SNOKE GLENN W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Orrstown Financial Services, Inc. Common, Restricted Stock | 1,000 | $0.00 | -- |
| holding | Orrstown Financial Services, Inc, Common Stock | -- | -- | -- |
Holdings After Transaction:
Orrstown Financial Services, Inc. Common, Restricted Stock — 3,500 shares (Direct);
Orrstown Financial Services, Inc, Common Stock — 37,770 shares (Direct)
Footnotes (1)
- Restricted Stock with Vesting Date of May 3, 2027 Restricted stock with various vesting dates over the next 18 months.
FAQ
What insider transaction did ORRF director Glenn W. Snoke report?
Glenn W. Snoke reported receiving 1,000 shares of Orrstown Financial Services restricted common stock. The award was granted on January 29, 2026 at a price of $0 per share, increasing his directly held restricted stock position to 3,500 shares in total.
What is Glenn W. Snoke’s total ORRF restricted stock holding after this Form 4?
After the reported award, Glenn W. Snoke beneficially owns 3,500 shares of Orrstown Financial restricted common stock directly. This figure reflects the cumulative restricted stock position following the 1,000-share grant reported as acquired on January 29, 2026.
Was there any cash consideration for Glenn W. Snoke’s ORRF restricted stock grant?
No cash consideration was paid for the 1,000-share restricted stock grant. The filing lists the transaction price per share as $0, indicating these shares were awarded, likely under an equity compensation program, rather than purchased in the open market.
What is Glenn W. Snoke’s role at Orrstown Financial Services (ORRF)?
Glenn W. Snoke is reported as a director of Orrstown Financial Services. The Form 4 indicates his relationship to the issuer is as a director only, with no officer role or 10% ownership status checked in the relationship section of the filing.