Form 4: Orrstown Financial Services Executive Reports Stock Transactions

Philip E. Fague, an executive at Orrstown Financial Services, reported the acquisition and disposal of company stock and restricted stock units on February 16, 2025.

Summary

• On February 16, 2025, Philip E. Fague, EVP, Trust & Wealth at Orrstown Financial Services Inc. [ORRF], reported transactions involving the company's stock.
• Fague disposed of 820 shares of Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. at a price of $33.64.
• Fague acquired 2,195 shares of Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. at a price of $0.
• Fague acquired 2,195 shares of Orrstown Financial Services, Inc., Common, Restricted Stock at a price of $0.
• Following these transactions, Fague directly owns 7,661 shares of Orrstown Financial Services, Inc., Common, Rest. Stock. Unt., 6,195 shares of Orrstown Financial Services, Inc., Common, Restricted Stock and 42,138 shares of Orrstown Financial Services, Inc, Common Stock.
• 27,849 shares are owned jointly with the reporting person's spouse.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in the financial services industry. Investors monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of company executives.

Key Dates