---
schema_version: "secwatch.filing_event.v1"
accession: "0000723646-26-000034"
form_type: "8-K"
ticker: "FRAF"
cik: "0000723646"
company_name: "FRANKLIN FINANCIAL SERVICES CORP /PA/"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:42:59.200430+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Franklin Financial promotes Chad Carroll to President effective April 28, 2026

## Summary
- Charles B. Carroll Jr. promoted to President of Franklin Financial and President/COO of F&M Trust effective April 28, 2026.
- Carroll appointed to F&M Trust Board; CEO Craig W. Best remains CEO of Corporation and Bank.
- Carroll receives $60,000 in restricted stock vesting pro-rata over three years; annual equity grant thresholds raised to 20%/30%/45%.

## SEC filing metadata
- accession: 0000723646-26-000034
- form_type: 8-K
- ticker: FRAF
- cik: 0000723646
- company_name: FRANKLIN FINANCIAL SERVICES CORP /PA/
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723646/000072364626000034/0000723646-26-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723646/000072364626000034/fraf-20260423x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000723646-26-000034
- JSON: https://secwatch.observer/filing/0000723646-26-000034.json
- Plain text: https://secwatch.observer/filing/0000723646-26-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.