Orrstown Financial Services Inc. DEF 14A Filing
Ticker: ORRF · Form: DEF 14A · Filed: Apr 4, 2025 · CIK: 826154
| Field | Detail |
|---|---|
| Company | Orrstown Financial Services Inc (ORRF) |
| Form Type | DEF 14A |
| Filed Date | Apr 4, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, proxy-statement, annual-meeting
TL;DR
Orrstown Financial's 2025 DEF 14A is out, detailing exec pay for 2024. Check equity awards for NEOs & Non-NEOs.
AI Summary
Orrstown Financial Services Inc. filed its DEF 14A on April 4, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on equity awards granted to Named Executive Officers (NEOs) and Non-NEOs, with specific data points for 2024, 2023, and 2022.
Why It Matters
This filing provides transparency into how Orrstown Financial Services Inc. compensates its top executives, which can influence investor perception and corporate governance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of executive compensation and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- 2024 — Fiscal Year End (Executive compensation data pertains to this year.)
- 2023 — Previous Fiscal Year (Comparative executive compensation data.)
- 2022 — Prior Fiscal Year (Comparative executive compensation data.)
Key Players & Entities
- ORRSTOWN FINANCIAL SERVICES INC (company) — Filer
- PA (location) — State of Incorporation
- 7175326114 (phone_number) — Business Phone
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders for an upcoming annual meeting and provides detailed information on matters to be voted upon, including executive compensation.
When was this DEF 14A filed by Orrstown Financial Services Inc.?
This DEF 14A filing was filed on April 4, 2025.
What fiscal year does the executive compensation information in this filing primarily cover?
The executive compensation information primarily covers the fiscal year ending December 31, 2024, with comparative data for 2023 and 2022.
What type of compensation details are typically found in a DEF 14A for a company like Orrstown Financial Services Inc.?
Typically, a DEF 14A details executive compensation, including base salary, bonuses, stock awards, option awards, and other compensation for named executive officers and directors.
What does 'NEO' stand for in the context of this filing?
NEO stands for Named Executive Officer, referring to the top executive officers of the company whose compensation is disclosed in detail.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 4, 2025 regarding ORRSTOWN FINANCIAL SERVICES INC (ORRF).