{"schema_version":"secwatch.filing_event.v1","accession":"0000723646-26-000005","form_type":"8-K","ticker":"FRAF","cik":"0000723646","company_name":"FRANKLIN FINANCIAL SERVICES CORP /PA/","filed_at":"2026-01-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.586625+00:00","generated_at":"2026-05-16T09:40:13.775277+00:00","sec_items":["5.03","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Franklin Financial removes chairman term limits, declares Q1 dividend $0.33","bullets":["Removed Section 5.9 of bylaws, eliminating three-consecutive-term limit for Chairman of the Board effective Jan 15, 2026.","Declared $0.33 per share regular cash dividend for Q1 2026; payable Feb 25, 2026 to holders of record Feb 6, 2026.","Q1 2026 dividend unchanged from Q4 2025 but represents a 3.1% increase from Q1 2025's $0.32 per share.","Investor presentation shows FRAF stock returned +80% in 2025, outperforming Russell 2000 (+19.8%) and ABA bank index (+8.6%).","As of Sep 30, 2025, company had $2.3B assets, $1.9B deposits, $1.5B loans, and 23 branches."],"urls":{"canonical":"https://secwatch.observer/filing/0000723646-26-000005","json":"https://secwatch.observer/filing/0000723646-26-000005.json","markdown":"https://secwatch.observer/filing/0000723646-26-000005.md","text":"https://secwatch.observer/filing/0000723646-26-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/0000723646-26-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/fraf-20260120x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:40:13.775277+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f70ab4b637baff44b7ab7b84b033f1f90518c3e9","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/0000723646-26-000005-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001193125-26-204723","ticker":"MTNE","company_name":"CH4 Natural Solutions Corp","filed_at":"2026-05-05T23:59:59+00:00","headline":"CH4 Natural Solutions Corporation prices $200M IPO; begins trading on NYSE","event_type":"other_material","sec_items":["1.01","3.02","5.02","5.03","7.01","8.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: governance_change","same SEC item: 5.03, 7.01, 8.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-204723","json":"https://secwatch.observer/filing/0001193125-26-204723.json","markdown":"https://secwatch.observer/filing/0001193125-26-204723.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2044817/000119312526204723/0001193125-26-204723-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2044817/000119312526204723/d211764d8k.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/0000723646-26-000005-index.htm","comparable_excerpt":"Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. The Company’s Amended and Restated Memorandum and Articles of Association (as so amended, the “ Memorandum and Articles ”) were approved on April 30, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2044817/000119312526204723/0001193125-26-204723-index.htm"}},{"accession":"0001493152-26-019787","ticker":"QXL","company_name":"Viewbix Inc.","filed_at":"2026-04-30T23:59:59+00:00","headline":"Viewbix renamed Quantum X Labs Inc.; Nasdaq ticker changes to QXL","event_type":"other_material","sec_items":["5.03","7.01","8.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: governance_change","same SEC item: 5.03, 7.01, 8.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-019787","json":"https://secwatch.observer/filing/0001493152-26-019787.json","markdown":"https://secwatch.observer/filing/0001493152-26-019787.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/797542/000149315226019787/0001493152-26-019787-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/797542/000149315226019787/form8-k.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/0000723646-26-000005-index.htm","comparable_excerpt":"effective April 30, 2026, the Company amended and restated its Amended and Restated Bylaws (the \"Bylaws\") to reflect the Name Change (the \"A&R Bylaws\"). The A&R Bylaws contain no other changes.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/797542/000149315226019787/0001493152-26-019787-index.htm"}},{"accession":"0001437749-26-018930","ticker":"CPSH","company_name":"CPS TECHNOLOGIES CORP/DE/","filed_at":"2026-06-01T13:35:50+00:00","headline":"CPS Technologies closes $9.6M registered direct offering of 1.2M shares at $8.00/share","event_type":"other_material","sec_items":["1.01","5.03","8.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: governance_change","same SEC item: 5.03, 8.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-018930","json":"https://secwatch.observer/filing/0001437749-26-018930.json","markdown":"https://secwatch.observer/filing/0001437749-26-018930.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/814676/000143774926018930/0001437749-26-018930-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814676/000143774926018930/cpsh20260528_8k.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/0000723646-26-000005-index.htm","comparable_excerpt":"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.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/814676/000143774926018930/0001437749-26-018930-index.htm"}},{"accession":"0001062993-26-002388","ticker":"WAMFF","company_name":"Alaska Silver Corp.","filed_at":"2026-05-07T23:59:59+00:00","headline":"Alaska Silver simplifies capital structure, eliminates dual-class shares","event_type":"other_material","sec_items":["3.03","5.03","7.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: governance_change","same SEC item: 5.03, 7.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001062993-26-002388","json":"https://secwatch.observer/filing/0001062993-26-002388.json","markdown":"https://secwatch.observer/filing/0001062993-26-002388.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1893899/000106299326002388/0001062993-26-002388-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1893899/000106299326002388/form8k.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/0000723646-26-000005-index.htm","comparable_excerpt":"On May 6, 2026, the Board of Directors of Alaska Silver Corp. (the \"Company\"), approved an amendment (the \"Amendment\") to the Company's Articles of the Company to eliminate its dual-class share structure by (i) eliminating its proportionate voting share class and (ii) reidentifying its subordinate voting share class as the class of \"Common Shares,\" no par value, of which the Company shall be authorized to issue an unlimited number of Common Shares.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1893899/000106299326002388/0001062993-26-002388-index.htm"}},{"accession":"0001193125-26-211978","ticker":"JPM","company_name":"JPMORGAN CHASE & CO","filed_at":"2026-05-07T23:59:59+00:00","headline":"JPMorgan issues $3B of 6.100% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series PP","event_type":"other_material","sec_items":["3.03","5.03","8.01","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: governance_change","same SEC item: 5.03, 8.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-211978","json":"https://secwatch.observer/filing/0001193125-26-211978.json","markdown":"https://secwatch.observer/filing/0001193125-26-211978.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/19617/000119312526211978/0001193125-26-211978-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/19617/000119312526211978/d903351d8k.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/0000723646-26-000005-index.htm","comparable_excerpt":"On May 6, 2026, the Company filed a Certificate of Designations, Powers, Preferences and Rights with the Secretary of State of the State of Delaware, establishing the rights, preferences, privileges, qualifications, restrictions and limitations relating to the Series PP Preferred Stock","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/19617/000119312526211978/0001193125-26-211978-index.htm"}},{"accession":"0001829126-26-004744","ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-05-07T23:59:59+00:00","headline":"KALA BIO announces 1-for-50 reverse stock split effective May 8, 2026","event_type":"other_material","sec_items":["3.03","5.03","8.01","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: governance_change","same SEC item: 5.03, 8.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-26-004744","json":"https://secwatch.observer/filing/0001829126-26-004744.json","markdown":"https://secwatch.observer/filing/0001829126-26-004744.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626004744/0001829126-26-004744-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626004744/kalabio_8k.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/0000723646-26-000005-index.htm","comparable_excerpt":"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 ”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626004744/0001829126-26-004744-index.htm"}},{"accession":"0001376474-26-000349","ticker":"ATVK","company_name":"Globaltek Ventures, Inc.","filed_at":"2026-05-06T23:59:59+00:00","headline":"Ameritek renamed GlobalTek; strategy shifts to batteries, robotics, aerospace, luxury housing","event_type":"other_material","sec_items":["5.03","8.01","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: governance_change","same SEC item: 5.03, 8.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001376474-26-000349","json":"https://secwatch.observer/filing/0001376474-26-000349.json","markdown":"https://secwatch.observer/filing/0001376474-26-000349.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1530185/000137647426000349/0001376474-26-000349-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1530185/000137647426000349/atvk-20260417_8k.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/0000723646-26-000005-index.htm","comparable_excerpt":"On April 15, 2026, GlobalTek Ventures, Inc. (formerly Ameritek Ventures, Inc.) (the “Company”) filed a Certificate of Amendment to its Articles of Incorporation (the “Certificate of Amendment”) with the Secretary of State of the State of Nevada (Filing Number 20265675229) to change the Company's corporate name from “Ameritek Ventures, Inc.” to “GlobalTek Ventures, Inc.”","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1530185/000137647426000349/0001376474-26-000349-index.htm"}},{"accession":"0001104659-26-055632","ticker":"ENZN","company_name":"Viskase Holdings, Inc.","filed_at":"2026-05-05T23:59:59+00:00","headline":"Viskase Holdings adopts Section 382 Rights Plan to protect NOL assets; threshold at 4.9%","event_type":"other_material","sec_items":["1.01","3.03","5.03","7.01","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: governance_change","same SEC item: 5.03, 7.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-055632","json":"https://secwatch.observer/filing/0001104659-26-055632.json","markdown":"https://secwatch.observer/filing/0001104659-26-055632.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/727510/000110465926055632/0001104659-26-055632-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/727510/000110465926055632/tm2613382d1_8k.htm"},"side_by_side_evidence":{"fact_type":"governance_change","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364626000005/0000723646-26-000005-index.htm","comparable_excerpt":"In connection with the adoption of the Section 382 Rights Agreement, the Board approved a Certificate of Designation of Series A-2 Junior Participating Preferred Stock of Viskase Holdings, Inc. (the “Certificate of Designation”). The Certificate of Designation was filed with the Secretary of the State of Delaware on May 5, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/727510/000110465926055632/0001104659-26-055632-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}