Neelesh Kalani - 16 Feb 2025 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Signature
/s/ Casara I Kieffer as P.O.A.
Issuer symbol
ORRF
Transactions as of
16 Feb 2025
Net transactions value
-$38,350
Form type
4
Filing time
19 Feb 2025, 16:07:24 UTC
Previous filing
03 Jul 2024
Next filing
30 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Tax liability $38,350 -1,140 -12% $33.64 8,040 16 Feb 2025 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +3,015 +30% $0.000000 13,015 16 Feb 2025 Direct F2
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3,015 +38% $0.000000 11,055 16 Feb 2025 Direct F1
holding ORRF Orrstown Financial Services, Inc, Common Stock 15,623 16 Feb 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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