Karen K. Carmack - 01 Mar 2025 Form 4 Insider Report for FRANKLIN FINANCIAL SERVICES CORP /PA/ (FRAF)

Signature
/s/Amanda M. Ducey by Power of Attorney for Karen K. Carmack
Issuer symbol
FRAF
Transactions as of
01 Mar 2025
Net transactions value
-$9,083
Form type
4
Filing time
04 Mar 2025, 16:13:59 UTC
Previous filing
28 Feb 2025
Next filing
14 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRAF Common Stock Award $0 +386 +10% $0.000000 4,130 01 Mar 2025 Direct F1
transaction FRAF Common Stock Tax liability $9,083 -241 -5.8% $37.69 3,889 01 Mar 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the issuer's 2019 Omnibus Stock Incentive Plan, the reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. RSUs vest in three equal installments on March 1, 2026, March 1, 2027, and March 1, 2028, subject to continued service.
F2 Represents shares of Common Stock withheld by the issuer to satisfy the reporting person's income tax obligations associated with the vesting of previously reported grants of restricted stock units.