Orrstown (ORRF) director Michael John Rice receives 1,000 restricted shares

Rhea-AI Filing Summary

Orrstown Financial Services, Inc. director Michael John Rice reported an award of 1,000 shares of restricted common stock on January 29, 2026 at a grant price of $0. Following this grant, he beneficially owns 3,500 restricted shares directly, with these awards vesting on May 3, 2027 and on various dates over the next 18 months. He also directly holds 21,946 shares of Orrstown common stock.

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

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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^*

Rice Michael John

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026

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, Restricted Stock	01/29/2026		A		1,000(1)	A	$0	3,500(2)	D
Orrstown Financial Services, Inc, Common Stock								21,946	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. Restricted Stock with Vesting Date of May 3, 2027

2. Restricted stock with various vesting dates over the next 18 months.

Remarks:

	/s/ Casara I Kieffer as P.O.A.	02/02/2026
	** 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 director Michael John Rice report?

Michael John Rice reported receiving 1,000 shares of Orrstown Financial Services restricted common stock on January 29, 2026. The shares were granted at a price of $0 as equity compensation and increase his directly held restricted stock position.

How many Orrstown (ORRF) restricted shares does Michael John Rice now own?

After the reported transaction, Michael John Rice beneficially owns 3,500 shares of Orrstown Financial Services restricted common stock. These restricted shares are in addition to his directly held common shares and are subject to stated vesting schedules.

When do Michael John Rice’s new ORRF restricted shares vest?

The 1,000-share restricted stock award reported by Michael John Rice has a vesting date of May 3, 2027. Other restricted stock holdings are scheduled to vest on various dates over the next 18 months, according to the filing footnotes.

How many ORRF common shares does Michael John Rice hold after this Form 4?

Following the reported grant, Michael John Rice directly holds 21,946 shares of Orrstown Financial Services common stock. This figure represents his total directly owned common shares as shown in the beneficial ownership column of the Form 4.

Is Michael John Rice’s ORRF ownership listed as direct or indirect?

The Form 4 shows Michael John Rice’s holdings as direct ownership. Both the 3,500 restricted shares and the 21,946 common shares are reported with a direct ownership code, with no separate entity or indirect beneficial owner noted.

What role does Michael John Rice hold at Orrstown Financial Services (ORRF)?

Michael John Rice is reported as a director of Orrstown Financial Services, Inc. The Form 4 indicates his relationship to the issuer by checking the director box, with no officer or 10% owner status selected in the filing.