Form 4: Orrstown Financial Services EVP Neelesh Kalani Reports Stock Transactions

Neesh Kalani, EVP and Chief Financial Officer of Orrstown Financial Services, reports acquisition and disposal of company stock and restricted stock units on February 16, 2025.

Summary

• On February 16, 2025, Neelesh Kalani, the EVP and Chief Financial Officer of Orrstown Financial Services Inc. (ORRF), reported transactions involving the company's stock.
• Kalani disposed of 1,140 shares of Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. at a price of $33.64.
• Kalani acquired 3,015 shares of Orrstown Financial Services, Inc. Common, Restricted Stock at a price of $0.
• Kalani acquired 3,015 shares of Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. at a price of $0.
• Following these transactions, Kalani directly owns 15,623 shares of Orrstown Financial Services, Inc, Common Stock.
• Kalani directly owns 13,015 shares of Orrstown Financial Services, Inc. Common, Restricted Stock.
• Kalani directly owns 11,055 shares of Orrstown Financial Services, Inc., Common, Rest. Stock. Unt.
• Kalani directly owns 8,040 shares of Orrstown Financial Services, Inc., Common, Rest. Stock. Unt.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.

Key Dates