secwatch / observer
8-K filed January 20, 2026, 6:59 PM ET ticker FRAF CIK 0000723646
other material confidence high sentiment neutral materiality 0.50

Franklin Financial removes chairman term limits, declares Q1 dividend $0.33

FRANKLIN FINANCIAL SERVICES CORP /PA/

item 5.03item 7.01item 8.01item 9.01

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FRANKLIN FINANCIAL SERVICES CORP /PA/
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JSON Markdown Plain text

Source-grounded claims

f70ab4b637baff44b7ab7b84b033f1f90518c3e9

FRANKLIN FINANCIAL SERVICES CORP /PA/: Removed Section 5.9 of the bylaws, which had imposed term limits on the Chairman of the Board, restricting service to no more than three consecutive one-year terms, subject to waiver provisions (effective 2026-01-15).

On January 15, 2026, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”) amended the bylaws of the Corporation by removing Section 5.9 of the bylaws in its entirety.

SEC 8-K Item 5.03/5.05/5.06 confidence 0.9 SEC evidence

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This filing

On January 15, 2026, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”) amended the bylaws of the Corporation by removing Section 5.9 of the bylaws in its entirety.

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This filing

On January 15, 2026, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”) amended the bylaws of the Corporation by removing Section 5.9 of the bylaws in its entirety.

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This filing

On January 15, 2026, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”) amended the bylaws of the Corporation by removing Section 5.9 of the bylaws in its entirety.

Comparable filing

On May 27, 2026, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment (the “Amendment”) of the Company’s Restated Certificate of Incorporation, effective as of the same date. The Amendment increased the number of shares of common stock, $0.01 par value per share (the “Common Stock”), that the Company is authorized to issue from 20,000,000 to 25,000,000.

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This filing

On January 15, 2026, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”) amended the bylaws of the Corporation by removing Section 5.9 of the bylaws in its entirety.

Comparable filing

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On January 15, 2026, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”) amended the bylaws of the Corporation by removing Section 5.9 of the bylaws in its entirety.

Comparable filing

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This filing

On January 15, 2026, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”) amended the bylaws of the Corporation by removing Section 5.9 of the bylaws in its entirety.

Comparable filing

On May 7, 2026, KALA BIO, Inc. (the “ Company ”) filed a Certificate of Amendment (the “ Certificate of Amendment ”) to the Company’s Restated Certificate of Incorporation (as amended, the “ Certificate of Incorporation ”) with the Secretary of State of Delaware to effect a 1-for-50 reverse stock split of the shares of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), either issued and outstanding or held by the Company as treasury stock, effective as of 4:05 p.m. (Delaware time) on May 8, 2026 (the “ Reverse Stock Split ”).

Filing page SEC filing

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This filing

On January 15, 2026, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”) amended the bylaws of the Corporation by removing Section 5.9 of the bylaws in its entirety.

Comparable filing

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Filing page SEC filing

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This filing

On January 15, 2026, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”) amended the bylaws of the Corporation by removing Section 5.9 of the bylaws in its entirety.

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Filing page SEC filing

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