ORRF ORRSTOWN FINANCIAL SERVICES INC Insider Trading

Director Brunner buys 1,000 shares of ORRF at $34.02 on 2026-03-18; stock down 7.9% in 30 days, 5.1% in 90 days.

Brunner Brian D, a director, purchased 1,000 shares at $34.02 on 2026-03-18, increasing his holdings from 49,529 to 50,529 shares. The current price of $34.75 sits 12.0% below the 52-week high of $39.48, with the stock down 7.9% over the past 30 days and 5.1% over 90 days. His prior two purchases at ORRF (on 2025-03-19 and 2025-02-04) both resulted in negative 90-day returns of -4.5% and -13.2% respectively, showing a pattern of poorly-timed accumulation at this ticker. Fundamentally, ORRF appears inexpensive at a P/E of 5.17 with strong 36.0% annual revenue growth and $21.9M net income, but the insider's recent purchase follows a string of unsuccessful timing decisions at the same stock.

Director Sarah M. Brown buys 406 shares of ORRF at $36.21; stock at $38.92 shows +9.5% 30d rise, +15.5% 90d gain.

Director Sarah M. Brown purchased 406 shares at $36.21 on 2026-02-02, expanding her holdings from 9,460 to 9,866 shares. The purchase occurred near the bottom of recent momentum: the stock has risen +9.5% over 30 days and +15.5% over 90 days, now trading at the 52-week high of $38.92. Across Brown's prior three buys at ORRF, 2 of 3 were well-timed at the 90-day mark—most notably a 2024-08-15 buy that delivered +23.0% over 90 days. The company's fundamentals remain solid with annual revenue growth of +40.2%, a P/E of 10.38, and $21.9M net income, providing a supportive backdrop for insider accumulation. The modest purchase size ($14.7K) and post-transaction holdings of 9.9K shares represent a 4.3% increase, suggesting measured but deliberate accumulation by the director.

Director Joiner buys 302 shares of ORRF at $34.29 on 2025-10-27; stock at $34.04 current, -17.3% from 52-week high.

Director Cindy Jeannette Joiner purchased 302 shares at $34.29, increasing her position from 22,516 to 22,818 shares (+1.3%). The purchase occurred with the stock trading -17.3% below its 52-week high of $41.14, suggesting a modest valuation discount relative to recent peaks. Joiner's cross-ticker track record shows 2 prior buys with an average 90-day return of +9.4%, though at ORRF specifically, her prior two purchases (October 2024 and August 2024) delivered mixed near-term outcomes: +7.0% at 30 days but -5.2% at 90 days on the October 2024 buy, and +6.8% at 30 days with +24.0% at 90 days on the August 2024 buy. Fundamentals remain solid with net income of $19.4M, annual revenue growth of +40.2%, and a P/E of 15.33 for a $663.5M market cap company. The transaction is modest in size relative to her existing holdings but represents continued insider acquisition at a local trough relative to recent range.

Director Sarah M Brown purchases 288 shares of ORRF at $35.00; holdings rise 3.2% on modest $10.1K outlay.

Sarah M Brown, a Director, purchased 288 shares of Orrstown Financial Services at $35.00, increasing her holdings from 9,052 to 9,340 shares. The transaction occurs in an environment where the stock is trading at $35.21 current price, down 14.4% from its 52-week high but up 9.4% over the past 30 days and up 15.4% over the past 90 days, suggesting recent momentum recovery. At the same ticker (ORRF), Brown's prior two purchases showed mixed outcomes: her February 2025 buy declined 8.0% at 30 days and 13.0% at 90 days, while her August 2024 buy gained 5.2% at 30 days and 23.0% at 90 days. The company reports strong fundamentals with net income of $19,448,000.00, annual revenue growth of 40.2%, a P/E of 15.86, and a market cap of $686,281,490.16, indicating underlying operational strength. This modest-sized buy adds a small incremental stake but does not signal outsized conviction given the transaction magnitude relative to her existing position.

Director Scott V Fainor bought 3,000 shares ($93.5K) at $31.15–$31.19; stock down 25.7% from 52-week high, company reporting -$7.9M net loss.

FAINOR SCOTT V, a director, executed 3 separate purchases totaling 3,000 shares for $93,520.00 at an average price of $31.17 on 2025-03-24. The filing occurs as ORRF stock trades at $30.55, down 7.2% over 30 days and 17.0% over 90 days from recent highs of $41.14. The company is reporting a net loss of -$7,903,000.00 with near-flat annual revenue growth of +0.1%, and the stock carries an elevated P/E of 36.81. Fainor's cross-ticker track record shows 3 prior open-market buys with 0% success rate over 90 days (average 90d return -3.4%), providing limited evidence of predictive ability at this or other securities. The combination of financial distress, depressed valuation relative to recent range, and the director's modest historical track record warrants investor scrutiny of the company's fundamentals and strategic direction.

Director Brian D Brunner buys 2,500 ORRF shares at $30.87 amid -25.9% drawdown from 52-week high; stock down 9.5% in 30 days.

Brunner, a director of Orrstown Financial Services, purchased 2,500 shares at $30.87 on 2025-03-19, bringing his holdings to 49,330 shares. The purchase occurs against significant headwinds: the stock is trading 25.9% below its 52-week high of $41.14, has declined 9.5% over the past 30 days, and 17.0% over 90 days. Fundamentally, the company reported a net loss of $-7.9M with annual revenue growth of only +0.1%, while the stock carries a P/E of 36.75. His prior trade at this ticker (a buy on 2025-02-04) subsequently underperformed at -8.2% over 30 days. The accumulation represents a modest 5.3% increase to his position, though without material context regarding his compensation structure or portfolio allocation, the signal remains ambiguous.

Director GIAMBALVO JOHN W bought 1,000 shares of ORRF at $30.80; stock down 26.2% from 52-week high amid -$7.9M net income.

Director GIAMBALVO purchased 1,000 shares at $30.80, increasing holdings to 40,562 shares (a 2.5% addition). The timing coincides with material headwinds: ORRSTOWN FINANCIAL SERVICES reported net income of -$7,903,000 and faces a steep 26.2% pullback from its 52-week high of $41.14, trading at $30.35 today. His prior purchase at this ticker on 2024-08-13 achieved a 90-day return of +29.5%, demonstrating past trades here were well-timed. The current purchase occurs as the stock has declined 21.7% over the past 90 days, placing it in a considerably different valuation context than his previous entry. The modest share increment (1.0K shares) and the company's negative earnings require careful evaluation of whether this reflects opportunistic accumulation or other factors driving the transaction.

Director Sarah M. Brown bought 300 shares of ORRF at $34.69 on 2025-02-04, increasing holdings to 8,989 shares.

Sarah M. Brown, a Director, purchased 300 shares of Orrstown Financial Services at $34.69, expanding her position from 8,689 to 8,989 shares (+3.5%). The stock is currently trading at $34.67, near the transaction price, and is down 15.7% from its 52-week high of $41.14. Brown's prior purchase at this ticker on 2024-08-15 demonstrated strong timing, with a 90-day return of +23.0%, suggesting her historical pattern of accumulation has preceded price appreciation. However, current fundamentals present a headwind: the company posted net income of $-7,903,000.00 with revenue growth of only +0.1% year-over-year, and the stock trades at a notably elevated 41.77 P/E despite these challenges. This open-market acquisition by a director provides a modest signal of continued confidence, though it occurs against a backdrop of compressed profitability and diminished momentum from the 52-week peak.

Director Brunner buys 2,800 shares of ORRF at $34.76; holdings rise to 46,766 shares (+6.4%)

Brunner Brian D, a Director of Orrstown Financial Services, purchased 2,800 shares at $34.76, increasing his holdings by 6.4% to 46,766 shares. The purchase occurred when the stock is trading at $34.67, currently 15.7% below its 52-week high of $41.14 and down 13.7% over the past 90 days. The company is contending with a negative net income of $-7.9M and virtually flat revenue growth (+0.1%), which provides limited fundamental tailwinds; the elevated P/E of 41.77 raises questions about valuation relative to earnings capacity. While Brunner's cross-ticker track record shows 1 prior open-market buy with a 100% 90-day win rate averaging +24.1% return, this single prior transaction provides limited statistical basis for evaluating directional conviction at this specific company.

Director Joiner bought 221 ORRF shares at $37.83 on 2024-10-25; stock now at 52-week high of $37.79.

Director Cindy Jeannette Joiner purchased 221 shares of Orrstown Financial Services at $37.83, a modest transaction valued at $8,360.43 that increases her holdings from 21,842 to 22,063 shares (+1.0%). The purchase occurred at the upper end of the 52-week range ($20.36–$37.79), with the stock currently trading at the 52-week high of $37.79, indicating limited upside from entry. Her prior buy at this ticker on 2024-08-09 showed a 30-day return of +6.8%, but the company's fundamentals present a modest profile: annual revenue growth of +0.1%, a P/E of 22.23, and net income of $7,738,000.00. The transaction size (221 shares, +1.0% relative to her holdings) suggests a modest accumulation rather than a significant conviction signal.