Orrstown (NASDAQ: ORRF) EVP Amy Doll receives stock awards, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
DOLL AMY
Role
EVP, Chief Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Orrstown Financial Services, Inc. Common, Restricted Stock | 397 | $37.64 | $15K |
| Grant/Award | Orrstown Financial Services, Inc. Common, Restricted Stock | 2,542 | $0.00 | -- |
| Grant/Award | Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. | 2,541 | $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 | -- | -- | -- |
Holdings After Transaction:
Orrstown Financial Services, Inc. Common, Restricted Stock — 1,814 shares (Direct);
Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. — 5,260 shares (Direct);
Stock Option (right to buy) — 3,134 shares (Direct);
Orrstown Financial Services, Inc, Common Stock — 25,610 shares (Direct)
Footnotes (1)
- Restricted stock with various vesting dates over the next 3 years. Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.