Franklin Financial Services Corp. Announces Board and Officer Changes
Ticker: FRAF · Form: 8-K · Filed: Nov 4, 2024 · CIK: 723646
| Field | Detail |
|---|---|
| Company | Franklin Financial Services Corp /Pa/ (FRAF) |
| Form Type | 8-K |
| Filed Date | Nov 4, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, officer-appointment, director-election
TL;DR
Franklin Financial Services Corp. is shuffling its board and execs, effective Nov 4.
AI Summary
Franklin Financial Services Corporation announced on November 4, 2024, changes in its board of directors and officer appointments. The filing details the departure of certain directors and the election of new ones, alongside the appointment of new officers and updates to compensatory arrangements for key personnel. These changes are effective as of the report date.
Why It Matters
Changes in a company's board and executive officers can signal shifts in strategy, governance, or operational focus, potentially impacting future performance and shareholder value.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes and does not indicate any significant financial distress or operational disruption.
Key Players & Entities
- FRANKLIN FINANCIAL SERVICES CORPORATION (company) — Registrant
- Pennsylvania (location) — State of incorporation
- November 4, 2024 (date) — Report date
FAQ
What specific items are being reported under Item 5.02 of the 8-K?
Item 5.02 of this 8-K filing covers the Departure of Directors or Certain Officers, Election of Directors, and Appointment of Certain Officers, as well as Compensatory Arrangements of Certain Officers.
When is the effective date of the reported changes?
The changes reported in this filing are effective as of November 4, 2024.
What is the principal executive office address for Franklin Financial Services Corporation?
The principal executive office is located at 1500 Nitterhouse Drive, Chambersburg, PA 17201.
What is the IRS Employer Identification Number for the registrant?
The IRS Employer Identification Number for Franklin Financial Services Corporation is 25-1440803.
What is the SIC code for Franklin Financial Services Corporation?
The Standard Industrial Classification (SIC) code for Franklin Financial Services Corporation is 6022, which corresponds to State Commercial Banks.
Filing Stats: 460 words · 2 min read · ~2 pages · Grade level 13.8 · Accepted 2024-11-04 08:02:05
Filing Documents
- fraf-20241104x8k.htm (8-K) — 69KB
- 0000723646-24-000066.txt ( ) — 181KB
- fraf-20241104.xsd (EX-101.SCH) — 2KB
- fraf-20241104_lab.xml (EX-101.LAB) — 14KB
- fraf-20241104_pre.xml (EX-101.PRE) — 10KB
- fraf-20241104x8k_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits . (c) Exhibits. The following exhibits are filed herewith: Number Description 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FRANKLIN FINANCIAL SERVICES CORPORATION By: /s/ Timothy G. Henry Timothy G. Henry President and Chief Executive Officer Dated: November 4, 2024