Neelesh Kalani - 15 Feb 2024 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
EVP, Chief Financial Officer
Signature
/s/ Casara I Kieffer as P.O.A.
Issuer symbol
ORRF
Transactions as of
15 Feb 2024
Net transactions value
-$35,301
Form type
4
Filing time
20 Feb 2024, 16:35:41 UTC
Previous filing
07 Mar 2023
Next filing
03 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability $15,034 -562 -5.5% $26.75 9,624 15 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability $20,267 -733 -9% $27.65 7,433 16 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +4,316 +58% $0.000000 11,749 16 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +4,316 +66% $0.000000 10,888 16 Feb 2024 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 5,526 15 Feb 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-vested restricted stock with various vesting dates over the next three years
F2 Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.