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[Form 4] ORRSTOWN FINANCIAL SERVICES INC Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Orrstown Financial Services (ORRF) executive vice president and chief administrative officer reported equity transactions and updated holdings on a Form 4 dated 11/14/2025. The filing shows a stock option with the right to buy 5,596 shares of common stock at $19.64, with transaction code M and an expiration date of 11/17/2025, resulting in 0 options remaining from that grant. After the reported transactions, the insider beneficially owns 25,040 shares of common stock, 2,720 shares of restricted stock, and 2,719 restricted stock units. The restricted stock vests on various dates over the next three years, while the restricted stock units vest three years after grant based on pre-established company performance criteria. Additional stock options remain outstanding on 3,134, 2,309, and 1,998 shares at exercise prices of $21.23, $25.99, and $29.92.

Positive
  • None.
Negative
  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
DOLL AMY

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Admin. Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025
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 Stock 25,040 D
Orrstown Financial Services, Inc. Common, Restricted Stock 2,720(1) D
Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. 2,719(2) 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
Stock Option (right to buy) $19.64 11/14/2025 M 5,596 07/01/2024 11/17/2025 Orrstown Financial Services, Inc, Common Stock 5,596 $34.33 0 D
Stock Option (right to buy) $21.23 07/01/2024 11/15/2026 Orrstown Financial Services, Inc, Common Stock 3,134 3,134 D
Stock Option (right to buy) $25.99 07/01/2024 12/11/2028 Orrstown Financial Services, Inc, Common Stock 2,309 2,309 D
Stock Option (right to buy) $29.92 07/01/2024 12/12/2027 Orrstown Financial Services, Inc, Common Stock 1,998 1,998 D
Explanation of Responses:
1. Restricted stock with various vesting dates over the next 3 years.
2. Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.
Remarks:
/s/ Casara I Kieffer as P.O.A. 11/17/2025
** 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.
Orrstown Finl Svcs Inc

NASDAQ:ORRF

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ORRF Stock Data

654.57M
18.44M
4.59%
57.79%
1.74%
Banks - Regional
State Commercial Banks
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United States
HARRISBURG