[144] Shimmick Corporation SEC Filing

Q: How many Orrstown (ORRF) shares did EVP Michael Jaeger sell?

He sold 642 common shares on 07/28/2025.

Q: What price did the ORRF shares sell for in this Form 4?

The reported sale price was $34.25 per share.

Q: How many shares does Michael Jaeger own after the transaction?

He now holds 745 unrestricted shares and 4,198 restricted shares .

Q: Were any derivative securities or option exercises reported?

No, the filing lists no derivative acquisitions or exercises .

Q: Does this filing include other Orrstown insiders?

No, the Form 4 covers only Michael Jaeger .

Filing Impact

(Low)

Filing Sentiment

(Neutral)

Form Type

144

Rhea-AI Filing Summary

On 07/29/2025 Orrstown Financial Services (ORRF) filed a Form 4 for EVP & Chief Experience Officer Michael Jaeger. The executive sold 642 common shares on 07/28/2025 at $34.25 (transaction code “S”). After the sale, Jaeger directly owns 745 unrestricted shares and 4,198 restricted shares that vest over the next three years.

No derivative securities were involved and no purchases were reported. The disposition reduced Jaeger’s freely tradable stake by roughly 46 % (642 of 1,387 previously held). No other insiders are covered in this filing.

Positive

None.

Negative

EVP Michael Jaeger sold 642 shares at $34.25, reducing his direct unrestricted stake by ~46 %, a potential bearish insider-sentiment cue.

Insights

TL;DR: Small insider sale; limited float impact, mildly negative sentiment signal.

The 642-share sale equals about US$22k and only trims the executive’s position, leaving him with 745 unrestricted shares plus 4,198 restricted. That size is immaterial to ORRF’s ~11 m share float, so liquidity or valuation effects are negligible. However, insiders usually sell for many reasons, so a single, modest disposal offers a weak bearish signal rather than a decisive indicator. No derivative hedges or simultaneous buys are disclosed, keeping the read-through slightly negative but overall neutral in impact for investors.

07/29/2025 - 04:54 PM

144: Filer Information

Filer CIK

Filer CCC

Is this a LIVE or TEST Filing?

LIVE TEST

Submission Contact Information

Name

Phone

E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold

Name and Address of the Broker

Number of Shares or Other Units To Be Sold

Aggregate Market Value

Number of Shares or Other Units Outstanding

Approximate Date of Sale

Name the Securities Exchange

Common

TD SECURITIES (USA) LLC
125 PARK AVE, 20TH FLOOR
New York NY 10017

3958

7416.50

34361459

07/29/2025

NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class

Date you Acquired

Nature of Acquisition Transaction

Name of Person from Whom Acquired

Is this a Gift?

Date Donor Acquired

Amount of Securities Acquired

Date of Payment

Nature of Payment *

Common

12/09/2020

Private Acquisition

GOHO LLC

21908800

12/09/2020

Private Acquisition

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller

Title of Securities Sold

Date of Sale

Amount of Securities Sold

Gross Proceeds