ORRF executive reports new stock grants and tax shares
Orrstown Financial Services EVP and Chief Administrative Officer Amy Doll reported equity compensation and related tax withholding in company stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Orrstown Financial Services EVP and Chief Administrative Officer Amy Doll reported equity compensation and related tax withholding in company stock. She received a grant of 2,542 shares of Orrstown Financial Services, Inc. common restricted stock and 2,541 restricted stock units, both at no cost, as part of her compensation.
The filing also shows a disposition of 397 shares of common restricted stock at $37.64 per share to cover tax liabilities by delivering shares, rather than a market sale. The restricted stock carries various vesting dates over the next three years, while the restricted stock units vest three years after the award date based on pre-established company performance criteria.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Orrstown Financial Services, Inc. Common, Restricted Stock | 397 | $37.64 | $15K |
| Grant/Award | Orrstown Financial Services, Inc. Common, Restricted Stock | 2,542 | $0.00 | $0.00 |
| Grant/Award | Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. | 2,541 | $0.00 | $0.00 |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Orrstown Financial Services, Inc, Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Restricted stock with various vesting dates over the next 3 years.
- F2. Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.
AI-generated analysis. How Rhea-AI works. Not financial advice.