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Orrstown financial director Messick sells $96k in stock
| USA | economy

Orrstown financial director Messick sells $96k in stock

#Orrstown Financial Services #Neil J. Messick #Insider trading #SEC filing #CFO #Stock sale #Banking sector

📌 Key Takeaways

  • CFO Neil J. Messick sold 2,804 shares of Orrstown Financial Services stock.
  • The transaction was valued at approximately $96,738 with a per-share price of $34.50.
  • The sale was officially reported to the Securities and Exchange Commission (SEC) in February 2024.
  • Messick retains a significant portion of his equity in the company following the divestment.

📖 Full Retelling

Orrstown Financial Services, Inc. Chief Financial Officer and Executive Vice President Neil J. Messick sold 2,804 shares of the company’s common stock in a transaction executed on February 14, 2024, at the firm’s headquarters in Shippensburg, Pennsylvania, to capitalize on recent market valuations. The sale, which was disclosed in a regulatory filing with the Securities and Exchange Commission, was conducted at an average price of $34.50 per share, resulting in a total transaction value of approximately $96,738. This divestment represents a notable reduction in Messick's direct holdings, though he continues to maintain a significant equity stake in the financial institution. The transaction occurs at a time when industrial and regional banking stocks are undergoing increased scrutiny from investors following a period of fluctuating interest rates and shifting fiscal policies. Messick, who oversees the financial health and strategic planning of Orrstown Financial, utilized this window to liquidate a portion of his assets, a move often interpreted by market analysts as routine portfolio rebalancing for executive compensation. Despite the sale, the CFO remains deeply integrated into the company’s leadership, holding thousands of remaining shares that align his personal interests with the long-term performance of the bank. Following the completion of this trade, Messick’s direct ownership in the company remains robust, ensuring his continued commitment to the bank's operational success. Orrstown Financial Services, which operates as the parent company of Orrstown Bank, provides a wide range of consumer and business financial services across Pennsylvania and Maryland. Financial analysts typically monitor such insider sales for insights into executive confidence, though these transactions are frequently planned months in advance to comply with federal insider trading regulations and do not necessarily signal a change in the company's underlying fundamental outlook.

🏷️ Themes

Finance, Corporate Governance, Stock Market

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📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) Orrstown financial director Messick sells $96k in stock Insider Trading Published 02/09/2026, 11:34 PM Orrstown financial director Messick sells $96k in stock 0 ORRF -2.14% Director John Rodney Messick of Orrstown Financial Services INC (NASDAQ:ORRF) sold 2,500 shares of company stock on February 5, 2026, at a price of $38.62, totaling $96,550. Following the transaction, Messick directly owns 7,167 shares of Orrstown Financial Services, Inc, Common Stock. He also directly owns 3,500 shares of Common Restricted Stock, which vest over the next 18 months. In other recent news, Orrstown Financial Services, Inc. reported its fourth-quarter 2025 earnings, surpassing analysts’ expectations. The company achieved an earnings per share of $1.11, outperforming the forecasted $1.06. Revenue also exceeded projections, reaching $64.92 million compared to the anticipated $63.95 million. Despite these positive results, Orrstown Financial Services experienced a decline in its stock during after-hours trading. The stock closed at $34.57, marking a 4.08% decrease. These developments come amid ongoing evaluations by analysts and investors. The company’s performance highlights its ability to exceed market expectations in both earnings and revenue. This information provides valuable insights for stakeholders monitoring Orrstown Financial Services’ financial health. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Orrstown financial director Messick sells $96k in stock 0 Latest comments Post Comment Guidelines Trade With A Regulated Broke...

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