secwatch.observer — SEC 8-K summary
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Issuer:     ORRSTOWN FINANCIAL SERVICES INC (ORRF)
CIK:        0000826154
Form:       8-K
Filed at:   2026-05-29T20:05:38+00:00
Accession:  0001140361-26-023313
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orrstown redeems $31M sub notes due 2030; discloses third-party vendor cyber incident affecting customers
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- Redemption of $31M 4.5% Fixed-to-Floating Rate Subordinated Notes due 2030 on June 30, 2026, at 100% of principal plus accrued interest. Rate at Mar 31, 2026: 7.72%.
- Cybersecurity incident at third-party vendor gained unauthorized access to sensitive personal information of certain customers.
- Company's own systems not accessed; no indication of information misuse yet. Impacted customers offered credit monitoring.
- Company does not expect material impact on operations, financial condition, or results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/826154/000114036126023313/0001140361-26-023313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/826154/000114036126023313/ef20075213_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-023313

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