Insider Trading March 19, 2026

Orrstown Financial director makes modest purchase amid mixed market reaction

Director Brian D. Brunner adds 1,000 shares as recent quarter beats expectations but shares slip in after-hours trading

By Jordan Park ORRF
Orrstown Financial director makes modest purchase amid mixed market reaction
ORRF

Orrstown Financial Services director Brian D. Brunner acquired 1,000 shares on March 18, 2026, at $34.017 per share for a total of $34,017. The purchase increases his direct ownership to 50,529 shares. The company reported stronger-than-expected fourth-quarter 2025 results, yet the stock fell in after-hours trading. InvestingPro metrics show the share price below its Fair Value and a long-running history of dividend increases.

Key Points

  • Director Brian D. Brunner purchased 1,000 shares on March 18, 2026 at $34.017 per share, totaling $34,017.
  • After the purchase Brunner directly owns 50,529 shares plus 3,500 shares of common restricted stock.
  • Orrstown beat Q4 2025 expectations with EPS of $1.11 versus $1.06 forecast and revenue of $64.92 million versus $63.95 million expected.

Orrstown Financial Services (NASDAQ:ORRF) saw an insider purchase this month when director Brian D. Brunner acquired 1,000 shares of the bank holding company on March 18, 2026. The transaction was executed at $34.017 per share for a total consideration of $34,017.

Following the trade, Brunner's direct holdings in Orrstown total 50,529 shares. That aggregate comprises 2,500 shares held individually, 3,800 shares placed in a family trust, and the balance held jointly with his spouse. In addition to those holdings, Brunner directly holds 3,500 shares of common restricted stock.

The purchase occurred while the market quoted Orrstown at $34.75 per share. That market price sits below InvestingPro's Fair Value estimate of $39.27, which implies a potential valuation gap according to that metric. InvestingPro Tips also note that Orrstown has increased its dividend for 11 consecutive years and currently yields 3.53%.

Investors seeking a deeper dive into Orrstown's valuation and financial position have access to a Pro Research Report, which is available for this company and more than 1,400 other U.S. equities, according to the information cited.


Separately, Orrstown reported fourth-quarter results for 2025 that topped analyst projections. The company posted earnings per share of $1.11, above the forecast of $1.06. Revenue for the quarter came in at $64.92 million, exceeding the expected $63.95 million. Those results indicate the quarter outperformed consensus estimates on both earnings and top-line metrics.

Despite the upside relative to forecasts, the company experienced a decline in its stock during after-hours trading. The after-hours move underscores the market's immediate reaction to the quarter and accompanying disclosures.

This report consolidates the transaction details, ownership breakdown and the most recent quarterly performance metrics to provide a factual snapshot of insider activity alongside company financials. Readers should note the ownership and restricted stock figures cited reflect the position after the March 18, 2026 purchase.

Risks

  • Market reacted negatively in after-hours trading despite quarterly beats, illustrating potential investor sensitivity to guidance or other disclosures - impacts equity markets and banking sector sentiment.
  • The company’s market price is below InvestingPro's Fair Value estimate, indicating valuation uncertainty relative to that model - relevant to equity valuation assessments.
  • Dividend continuity and yield are referenced, but future dividend policy is not guaranteed and may affect income-focused investors in the financials sector.

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