STOCK TITAN

Orrstown Financial (ORRF) director gets 1,000 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Orrstown Financial Services director Eric Andrew Segal reported a grant of 1,000 shares of Orrstown Financial Services, Inc. restricted common stock on January 29, 2026. The award was at a price of $0 per share and is scheduled to vest on May 3, 2027. After this grant, he beneficially owns 3,500 restricted shares, which include restricted stock with various vesting dates over the next 18 months, held directly. He also directly holds 25,341 shares of Orrstown Financial Services, Inc. common stock, which includes 8,804 shares owned jointly with his spouse.

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Insider Segal Eric Andrew
Role Director
Type Security Shares Price Value
Grant/Award Orrstown Financial Services, Inc. Common, Restricted Stock 1,000 $0.00 --
holding Orrstown Financial Services, Inc, Common Stock -- -- --
Holdings After Transaction: Orrstown Financial Services, Inc. Common, Restricted Stock — 3,500 shares (Direct); Orrstown Financial Services, Inc, Common Stock — 25,341 shares (Direct)
Footnotes (1)
  1. Restricted Stock with Vesting Date of May 3, 2027 Restricted stock with various vesting dates over the next 18 months. Includes 8,804 shares owned jointly with the reporting persons spouse
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*
Segal Eric Andrew

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026
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 01/29/2026 A 1,000(1) A $0 3,500(2) D
Orrstown Financial Services, Inc, Common Stock 25,341(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 Vesting Date of May 3, 2027
2. Restricted stock with various vesting dates over the next 18 months.
3. Includes 8,804 shares owned jointly with the reporting persons spouse
Remarks:
/s/ Casara I Kieffer as P.O.A. 02/02/2026
** 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 Eric Andrew Segal report for ORRF?

Eric Andrew Segal reported receiving 1,000 shares of Orrstown Financial Services, Inc. restricted common stock. The grant occurred on January 29, 2026 at a price of $0 per share, reflecting an equity award rather than an open-market purchase.

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

The director received 1,000 shares of Orrstown Financial Services, Inc. restricted common stock. These shares are part of an equity award that vests over time, with this specific grant scheduled to vest on May 3, 2027 according to the filing footnotes.

When do Eric Andrew Segal’s newly granted ORRF restricted shares vest?

The 1,000 newly granted restricted shares vest on May 3, 2027. Additional restricted stock held by the director has various vesting dates over the next 18 months, indicating a staggered vesting schedule across multiple prior awards.

How many Orrstown Financial (ORRF) restricted shares does the director own after this grant?

Following the reported grant, the director beneficially owns 3,500 restricted shares of Orrstown Financial Services, Inc. common stock. These restricted holdings include awards with different vesting dates spread over the next 18 months, as detailed in the footnotes.

What is Eric Andrew Segal’s total common stock holding in Orrstown (ORRF)?

The director beneficially owns 25,341 shares of Orrstown Financial Services, Inc. common stock directly. This total includes 8,804 shares that are owned jointly with his spouse, reflecting combined holdings reported in the ownership footnote.