Director at Orrstown (NASDAQ: ORRF) gets 1,500 restricted shares

Rhea-AI Filing Summary

Orrstown Financial Services, Inc. director John Rodney Messick reported a compensation-related stock grant. He received 1,500 shares of restricted common stock at a price of $0.00 per share, classified as a grant or award acquisition.

After this grant, Messick directly holds 2,500 shares of Orrstown restricted common stock. A separate holding entry shows he also directly owns 9,666 shares of Orrstown common stock. The restricted stock carries various vesting dates over the next 18 months, meaning the shares become fully available to him gradually over that period.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Messick John Rodney

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 — 9,666 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock grant: 1,500 shares Restricted shares after grant: 2,500 shares Common shares held: 9,666 shares +1 more

4 metrics

Restricted stock grant 1,500 shares Grant of Orrstown restricted common stock at $0.00 per share

Restricted shares after grant 2,500 shares Total Orrstown restricted common stock directly held after award

Common shares held 9,666 shares Orrstown common stock directly owned after reported transactions

Vesting period 18 months Restricted stock vests on various dates over next 18 months

Key Terms

Restricted stock, Grant, award, or other acquisition, Form 4, Vesting

4 terms

Restricted stock financial

"He received 1,500 shares of restricted common stock at a price of $0.00 per share."

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.

Grant, award, or other acquisition financial

"He received 1,500 shares of Orrstown restricted common stock, classified as a grant or award acquisition."

Form 4 regulatory

"The Form 4 states that following the 1,500-share award, he directly owns a total of 2,500 shares."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Vesting financial

"The restricted stock carries various vesting dates over the next 18 months."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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^*

Messick John Rodney

(Last) (First) (Middle)

4750 LINDLE ROAD

(Street)

HARRISBURG PENNSYLVANIA 17111

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ORRSTOWN FINANCIAL SERVICES INC [ ORRF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/05/2026		A		1,500	A	$0	2,500(1)	D
Orrstown Financial Services, Inc, Common Stock								9,666	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 18 months.

Remarks:

	/s/ Casara I Kieffer as P.O.A.	05/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Orrstown (ORRF) director John Rodney Messick report in this Form 4?

He reported a grant of 1,500 restricted shares. The filing shows he received 1,500 shares of Orrstown restricted common stock as a compensation-related award at $0.00 per share, increasing his directly held restricted stock position.

How many restricted Orrstown (ORRF) shares does the director hold after this filing?

He holds 2,500 restricted shares after the grant. The Form 4 states that following the 1,500-share award, John Rodney Messick directly owns a total of 2,500 shares of Orrstown restricted common stock.

How many Orrstown (ORRF) common shares does the director own after the transactions?

He directly owns 9,666 common shares. A holding entry in the Form 4 lists Orrstown Financial Services, Inc. common stock with total shares following the reported transactions of 9,666, reflecting his direct ownership position.

What are the vesting terms of the Orrstown (ORRF) restricted stock grant?

The restricted stock vests over the next 18 months. A footnote explains that the granted Orrstown restricted shares have various vesting dates spread across an 18‑month period, so the director gains full access to the shares gradually.

Was the Orrstown (ORRF) director’s transaction an open-market purchase or sale?

No, it was a grant, not a market trade. The Form 4 classifies the 1,500-share transaction under code A as a grant, award, or other acquisition at $0.00 per share, indicating compensation rather than buying or selling in the open market.