ORRSTOWN FINANCIAL SERVICES INC
For the period ended Mar 31, 2026. Filed May 8, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 8, 2026
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds
| (a) | (b) | (c) | (d) | |
|---|---|---|---|---|
| Period | Total number of shares (or units) purchased | Average price paid per share (or unit) | Total number of shares (or units) purchased as part of publicly announced plans or programs | Maximum number (or approximate dollar value) of shares (or units) that may yet be purchased under the plans or programs |
| January 1, 2026 to January 31, 2026 | — | $— | — | 491,670 |
| February 1, 2026 to February 28, 2026 | — | — | — | 491,670 |
| March 1, 2026 to March 31, 2026 | 12,600 | 34.04 | 12,600 | 479,070 |
| Total | 12,600 | $34.04 | 12,600 |
On June 20, 2025, the Board of Directors of the Company authorized a share repurchase program pursuant to which the Company could repurchase up to 500,000 shares of its outstanding common stock in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Exchange Act, as amended. When and if appropriate, repurchases may be made in the open market or privately negotiated transactions, depending on market conditions, regulatory requirements and other corporate considerations, as determined by management. Share repurchases may not occur and may be discontinued at any time. For the three months ended March 31, 2026, the Company repurchased 12,600 shares of its common stock. Common stock available for future repurchase totals 479,070 shares, or 2.4% of the Company's outstanding common stock at March 31, 2026.
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