{"schema_version":"secwatch.filing_event.v1","accession":"0000826154-25-000143","form_type":"8-K","ticker":"ORRF","cik":"0000826154","company_name":"ORRSTOWN FINANCIAL SERVICES INC","filed_at":"2025-07-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.458595+00:00","generated_at":"2026-05-18T09:50:56.749725+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Orrstown Bank enters deferred comp agreement with CFO Neelesh Kalani","bullets":["Annual contribution of $78,663 to deferral account if ROATE >= 8%.","Accumulation interest tied to ROATE (0-15%); distribution interest at 4%.","Death benefit floor of $2,260,885 if company owns life insurance.","Payable in 180 monthly installments starting at Normal Retirement Age or earlier events."],"urls":{"canonical":"https://secwatch.observer/filing/0000826154-25-000143","json":"https://secwatch.observer/filing/0000826154-25-000143.json","markdown":"https://secwatch.observer/filing/0000826154-25-000143.md","text":"https://secwatch.observer/filing/0000826154-25-000143.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/826154/000082615425000143/0000826154-25-000143-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/826154/000082615425000143/orrf-20250630.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:50:56.749725+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}