Orrstown director granted 1,500 restricted shares
FAINOR SCOTT V reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
FAINOR SCOTT V reported acquisition or exercise transactions in this Form 4 filing.
Orrstown Financial Services, Inc. director Scott V. Fainor reported a compensation-related equity award. He received 1,500 shares of restricted common stock on grant, at a stated price of $0.0000 per share, increasing his restricted stock holdings to 2,500 shares.
The restricted stock carries various vesting dates over the next 18 months. Separately, he directly holds 15,896 shares of Orrstown common stock, which include 4,375 shares owned jointly with his spouse. The filing does not show any open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Orrstown Financial Services, Inc. Common, Restricted Stock | 1,500 | $0.00 | $0.00 |
| holding | Orrstown Financial Services, Inc, Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Restricted stock with various vesting dates over the next 18 months.
- F2. Includes 4,375 shares owned jointly with the reporting persons spouse
Key Figures
Key Terms
Restricted stock financial
Grant, award, or other acquisition financial
vesting dates financial
Form 4 regulatory
non-derivative financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Orrstown (ORRF) director Scott V. Fainor report?
Does the Orrstown (ORRF) Form 4 show any stock sales by Scott V. Fainor?
AI-generated analysis. How Rhea-AI works. Not financial advice.