Orrstown (NASDAQ: ORRF) director gets 1,000-share restricted stock grant

Rhea-AI Filing Summary

Orrstown Financial Services Inc. director Barbara E. Brobst received a grant of 1,000 shares of restricted common stock on January 29, 2026, at a stated price of $0 per share. This restricted stock is scheduled to vest on May 3, 2027.

After this grant, she beneficially owns 2,500 shares of restricted stock and 11,000 shares of Orrstown common stock, with the 11,000 shares held jointly with her spouse and the remaining restricted shares vesting on various dates over the next 18 months.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider BROBST BARBARA E

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 — 2,500 shares (Direct); Orrstown Financial Services, Inc, Common Stock — 11,000 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. Shares held jointly with reporting person's 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^*

BROBST BARBARA E

(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	2,500(2)	D
Orrstown Financial Services, Inc, Common Stock								11,000(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. Shares held jointly with reporting person's 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 ORRF director Barbara Brobst report?

Director Barbara E. Brobst reported receiving 1,000 shares of Orrstown Financial Services restricted common stock on January 29, 2026. The shares were granted at a stated price of $0 per share, increasing her total restricted stock holdings and updating her beneficial ownership disclosure.

How many ORRF restricted shares does Barbara Brobst hold after this Form 4?

After the reported grant, Barbara E. Brobst beneficially owns 2,500 shares of Orrstown restricted common stock. These include 1,000 new shares granted on January 29, 2026, plus additional restricted stock that vests on various dates over the following 18 months.

When do Barbara Brobst’s newly granted ORRF restricted shares vest?

The 1,000 restricted shares granted to Barbara E. Brobst on January 29, 2026 are scheduled to vest on May 3, 2027. Other restricted stock holdings are described as vesting on various dates over the next 18 months, reflecting a staggered vesting schedule.

How many ORRF common shares does Barbara Brobst jointly hold with her spouse?

Barbara E. Brobst beneficially owns 11,000 shares of Orrstown common stock held jointly with her spouse. This joint holding is separate from her restricted stock awards and is reported as directly owned common stock in the Form 4 filing.

Does the Form 4 for ORRF show any stock sales by Barbara Brobst?

The Form 4 does not report any stock sales by Barbara E. Brobst. It shows an acquisition of 1,000 restricted shares at a price of $0 and updated beneficial ownership totals for both restricted and jointly held common shares.

What is the significance of the $0 price on Barbara Brobst’s restricted stock grant?

The $0 price indicates the 1,000 restricted shares were granted to Barbara E. Brobst without a cash purchase on January 29, 2026. Such awards typically represent equity-based compensation, with value realized as the restricted stock vests over time.