Director Brunner (ORRF) awarded 1,500 Orrstown restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brunner Brian D reported acquisition or exercise transactions in this Form 4 filing.
Orrstown Financial Services director Brian D. Brunner received a grant of 1,500 shares of restricted common stock on May 5, 2026, as compensation. These restricted shares vest on various dates over the next 18 months, bringing his restricted stock holdings to 2,500 shares, alongside 53,096 shares of common stock held directly and through family arrangements.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brunner Brian D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Orrstown Financial Services, Inc. Common, Restricted Stock | 1,500 | $0.00 | -- |
| holding | Orrstown Financial Services, Inc, Common Stock | -- | -- | -- |
Holdings After Transaction:
Orrstown Financial Services, Inc. Common, Restricted Stock — 2,500 shares (Direct, null);
Orrstown Financial Services, Inc, Common Stock — 53,096 shares (Direct, null)
Footnotes (1)
- Restricted stock with various vesting dates over the next 18 months. These shares consist of 13,491 shares held individually by the reporting person, 3,800 shares held in a family trust and the remainder held jointly with the reporting person's spouse.
Key Figures
Restricted stock grant: 1,500 shares
Restricted stock holdings: 2,500 shares
Common stock holdings: 53,096 shares
+2 more
5 metrics
Restricted stock grant
1,500 shares
Awarded May 5, 2026 as restricted common stock
Restricted stock holdings
2,500 shares
Total restricted Orrstown common stock after grant
Common stock holdings
53,096 shares
Orrstown common stock following reported transactions
Grant price
$0.00 per share
Stated price for restricted stock award
Vesting period
18 months
Restricted stock vests on various dates over next 18 months
Key Terms
Restricted stock, vesting dates, family trust, jointly with the reporting person's spouse
4 terms
Restricted stock financial
"Restricted stock with various vesting dates over the next 18 months."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vesting dates financial
"Restricted stock with various vesting dates over the next 18 months."
family trust financial
"3,800 shares held in a family trust and the remainder held jointly"
jointly with the reporting person's spouse financial
"the remainder held jointly with the reporting person's spouse."
FAQ
What insider transaction did ORRF director Brian D. Brunner report?
Brian D. Brunner reported receiving a grant of 1,500 shares of restricted Orrstown Financial Services common stock. The award is compensation, not an open-market purchase, and increases his restricted stock holdings while leaving his broader ownership structure otherwise unchanged.
What is Brian D. Brunner’s total ORRF common stock position after this Form 4?
The filing shows Brian D. Brunner with 53,096 shares of Orrstown Financial Services common stock following the reported transactions. These holdings include shares he owns individually, shares in a family trust, and additional shares held jointly with his spouse.