Orrstown (NASDAQ: ORRF) EVP gets new restricted stock and RSU awards

Rhea-AI Filing Summary

Orrstown Financial Services EVP and Chief Risk Officer Robert G. Coradi received new equity awards in the form of restricted stock and restricted stock units. On February 17, 2026, he acquired 2,214 shares of restricted common stock at no cost, which vest on various dates over the next three years.

He also acquired 3,807 restricted stock units at no cost, scheduled to vest three years after the grant date based on pre‑established company performance criteria. Following these grants, his directly held restricted stock and units total 10,461 shares, and his directly held common stock position is 57,945 shares, which includes 18,167 shares owned jointly with his spouse.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Coradi Robert G

Role EVP, Chief Risk Officer

Type	Security	Shares	Price	Value
Grant/Award	Orrstown Financial Services, Inc. Common, Restricted Stock	2,214	$0.00	--
Grant/Award	Orrstown Financial Services, Inc., Common, Rest. Stock. Unt.	3,807	$0.00	--
holding	Orrstown Financial Services, Inc, Common Stock	--	--	--

Holdings After Transaction: Orrstown Financial Services, Inc. Common, Restricted Stock — 6,654 shares (Direct); Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. — 10,461 shares (Direct); Orrstown Financial Services, Inc, Common Stock — 57,945 shares (Direct)

Footnotes (1)

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. Includes 18,167 shares owned jointly with the reporting persons spouse

Form 4 Insider Transactions: What Each Field Means →

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^*

Coradi Robert G

(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 Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		A		2,214	A	$0	6,654(1)	D
Orrstown Financial Services, Inc., Common, Rest. Stock. Unt.	02/17/2026		A		3,807	A	$0	10,461(2)	D
Orrstown Financial Services, Inc, Common Stock								57,945(3)	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 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.

3. Includes 18,167 shares owned jointly with the reporting persons spouse

Remarks:

	/s/ Casara I Kieffer as P.O.A.	02/19/2026
	** 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 executive Robert G. Coradi report?

Robert G. Coradi reported the acquisition of restricted stock and restricted stock units. He received 2,214 restricted shares and 3,807 restricted stock units at no cost as equity awards, increasing his overall Orrstown Financial Services share-based holdings.

How many Orrstown Financial (ORRF) restricted shares did the EVP receive?

He received 2,214 shares of Orrstown Financial Services restricted common stock. These shares are subject to vesting requirements that span various dates over the next three years, meaning they become fully his only as those vesting conditions are satisfied.

What are the terms of the new ORRF restricted stock units granted?

The executive received 3,807 restricted stock units that vest three years after the award date. Vesting depends on pre‑established company performance criteria, so the number of units that ultimately settle into shares reflects how Orrstown performs against those targets.

Did the Orrstown Financial (ORRF) EVP pay for the new shares?

No, the filing shows a price per share of $0.0000 for both awards. This indicates the restricted stock and restricted stock units were granted as compensation rather than purchased in the open market, a common structure for executive equity incentives.

What is Robert G. Coradi’s total ORRF share ownership after these grants?

After the awards, he directly holds 10,461 restricted shares and units and 57,945 shares of common stock. The common stock figure includes 18,167 shares owned jointly with his spouse, reflecting his combined direct and joint interests in Orrstown Financial.

How might the ORRF performance criteria affect the restricted stock units?

The 3,807 restricted stock units vest based on pre‑set performance criteria over three years. If Orrstown meets or exceeds these company performance goals, more units will vest into shares; weaker performance could reduce the final vested amount.