Orrstown EVP Granted Restricted Stock Awards
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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Orrstown Financial Services, Inc. Common, Restricted Stock | 2,214 | $0.00 | $0.00 |
| Grant/Award | Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. | 3,807 | $0.00 | $0.00 |
| holding | Orrstown Financial Services, Inc, Common Stock | -- | -- | -- |
Footnotes (3)
- 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.
- F3. Includes 18,167 shares owned jointly with the reporting persons spouse
FAQ
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What insider transaction did ORRF executive Robert G. Coradi report?
What are the terms of the new ORRF restricted stock units granted?
How might the ORRF performance criteria affect the restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.