4/A: Franklin Financial Services Corp: Officer Butz Exercises Options and Disposes of Shares

Steven D. Butz, SVP of Franklin Financial Services Corp, exercised stock options and disposed of shares to cover the exercise cost.

Summary

• On December 17, 2024, Steven D. Butz, a Senior Vice President at Franklin Financial Services Corp, exercised 2,250 stock options at an exercise price of $22.05 per share.
• The same day, Butz disposed of 1,505 shares of common stock at a price of $32.98 per share to cover the cost of exercising the options.
• The transactions were executed pursuant to the issuer's 2013 Incentive Stock Option Plan, utilizing a cashless exercise method.
• Following these transactions, Butz directly owns 5,727 shares of common stock and 8,542 derivative securities.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider transactions, with no inherent positive or negative implications for the company's performance.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This is a routine disclosure of insider transactions, which is common in the financial services industry. It provides transparency into the actions of company executives.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent a routine exercise of stock options and sale of shares by an executive.

Key Dates

Keywords

FRAF, stock options, Form 4, insider trading, Franklin Financial Services Corp, beneficial ownership, Steven D. Butz