Form 4: Franklin Financial Services Corp SVP, CCSO Steven D. Butz Sells Shares
SEC Form 4 Filing
Steven D. Butz, SVP, CCSO of Franklin Financial Services Corp, sold 998 shares of common stock at $38.82 per share on May 14, 2025.
Summary
- On May 14, 2025, Steven D. Butz, the SVP, CCSO of Franklin Financial Services Corp, sold 998 shares of common stock.
- The sale price was $38.82 per share.
- Following the transaction, Butz directly owns 4,926 shares of common stock.
- Butz also holds incentive stock options for 8,100 shares and employee stock options for 442 shares.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common among corporate executives. It provides transparency to investors regarding the buying and selling of company stock by its officers.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 08/25/2016 | Date exercisable for Incentive Stock Option (Right to Buy) at $21.27 |
| 02/25/2026 | Expiration date for Incentive Stock Option (Right to Buy) at $21.27 |
| 08/23/2017 | Date exercisable for Incentive Stock Option (Right to Buy) at $30 |
| 02/23/2027 | Expiration date for Incentive Stock Option (Right to Buy) at $30 |
| 08/22/2018 | Date exercisable for Incentive Stock Option (Right to Buy) at $34.1 |
| 02/22/2028 | Expiration date for Incentive Stock Option (Right to Buy) at $34.1 |
| 07/01/2024 | Date exercisable for Employee Stock Option Plan (Right to Buy) at $26.87 |
| 06/30/2025 | Expiration date for Employee Stock Option Plan (Right to Buy) at $26.87 |
| 05/14/2025 | Date of transaction: Steven D. Butz sold 998 shares of common stock. |
Keywords
Form 4, Stock Sale, Insider Trading, Steven D. Butz, Franklin Financial Services Corp, FRAF, CCSO, SVP
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