Orrstown Financial Services Inc (ORRF) shareholders
ORRFNasdaqState Commercial BanksFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 17/304% above fair value
$44.13+0.03 (+0.07%)
Close on Nov 13, 2026Market cap $868.02MP/E 9.8Yield 2.40%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
59.4%
12M of 20M shares
Institutional holders
163
25 new, 16 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
2 buys · 6 sales
Net sold $939.40K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| L. Phillip Stone, IV Joint filing with Fourthstone LLC (7.45%), Fourthstone Master Opportunity Fund Ltd (5.84%) | 1,453,010 | 7.45% | 13G (passive) amendment | Sep 30, 2025 |
| Dimensional Fund Advisors LP | 1,011,471 | 5.10% | 13G (passive) | Sep 30, 2026 |
| BlackRock, Inc. | 791,695 | 7.50% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ORRF | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,680,316 | 8.54% | $68.61M | +199,755 | 0.00% |
| Dimensional Fund Advisors LP | 964,868 | 4.91% | $39.40M | +64,194 | 0.01% |
| Vanguard Capital Management LLC | 835,238 | 4.25% | $34.10M | +17,617 | 0.00% |
| State Street Corp | 679,718 | 3.46% | $27.75M | −121,001 | 0.00% |
| Charles Schwab Investment Management Inc | 665,017 | 3.38% | $27.15M | +72,330 | 0.00% |
| American Century Companies Inc | 602,129 | 3.06% | $24.58M | +105,044 | 0.01% |
| Geode Capital Management, LLC | 566,715 | 2.88% | $23.14M | +35,285 | 0.00% |
| Vanguard Portfolio Management LLC | 304,510 | 1.55% | $12.43M | +44,558 | 0.00% |
| Two Sigma Investments, LP | 290,058 | 1.47% | $11.84M | −10,912 | 0.01% |
| Algert Global LLC | 287,636 | 1.46% | $11.74M | −32,924 | 0.14% |
| Qube Research & Technologies Ltd | 276,117 | 1.40% | $11.27M | +25,896 | 0.01% |
| Nuveen, LLC | 243,765 | 1.24% | $9.95M | −94,203 | 0.00% |
| Manufacturers Life Insurance Company, The | 227,435 | 1.16% | $9.29M | −1,756 | 0.01% |
| Citadel Advisors LLC | 225,513 | 1.15% | $9.21M | +121,547 | 0.00% |
| Northern Trust Corp | 174,554 | 0.89% | $7.13M | +12,375 | 0.00% |
| ProShare Advisors LLC | 172,824 | 0.88% | $7.06M | −5,862 | 0.01% |
| Petiole USA ltd | 167,766 | 0.85% | $6.85M | −4,000 | 4.92% |
| Kennedy Capital Management LLC | 154,611 | 0.79% | $6.31M | −3,042 | 0.11% |
| Pacific Ridge Capital Partners, LLC | 146,302 | 0.74% | $5.97M | −1,132 | 1.08% |
| Man Group plc | 146,012 | 0.74% | $5.96M | +12,245 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 163 | 12M | 59.4% | 25 / 59 | 47 / 16 | 1M | 1M |
| Q1 2026 | 157 | 12M | 60.8% | 22 / 62 | 37 / 28 | 4M | 2M |
| Q4 2025 | 165 | 11M | 57.6% | 35 / 52 | 44 / 7 | 2M | 2M |
| Q3 2025 | 139 | 11M | 58.2% | 22 / 45 | 45 / 13 | 1M | 1M |
| Q2 2025 | 130 | 11M | 56.3% | 22 / 46 | 34 / 18 | 1M | 1M |
| Q1 2025 | 126 | 11M | 55.2% | 19 / 46 | 34 / 33 | 1M | 1M |
| Q4 2024 | 141 | 11M | 54.2% | 35 / 49 | 36 / 8 | 1M | 1M |
| Q3 2024 | 114 | 10M | 53.3% | 37 / 45 | 19 / 11 | 6M | 1M |
| Q2 2024 | 89 | 6M | 30.5% | 21 / 40 | 17 / 5 | 1M | 0M |
| Q1 2024 | 73 | 5M | 25.8% | 7 / 25 | 22 / 12 | 1M | 0M |
| Q4 2023 | 78 | 5M | 24.5% | 13 / 24 | 22 / 4 | 1M | 0M |
| Q3 2023 | 70 | 5M | 23.9% | 5 / 21 | 23 / 4 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
195 funds held ORRF in Q2 2026, 57% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of ORRF | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 592,621 | 3.01% | $24.20M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 540,070 | 2.75% | $22.05M | 0.03% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 468,377 | 2.38% | $17.39M | 0.06% | May 31, 2026 |
| Schwab U.S. Dividend Equity ETF | 461,110 | 2.34% | $17.12M | 0.02% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 224,352 | 1.14% | $9.16M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 210,144 | 1.07% | $8.98M | 0.03% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 192,900 | 0.98% | $7.88M | 0.05% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Regional Banking ETF | 190,567 | 0.97% | $7.78M | 0.16% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 180,175 | 0.92% | $7.70M | 0.04% | Jul 31, 2026 |
| ProShares Russell 2000 Dividend Growers ETF | 177,277 | 0.90% | $6.58M | 1.00% | May 31, 2026 |
| Nuveen Quant Small Cap Equity Fund | 166,800 | 0.85% | $7.13M | 0.18% | Jul 31, 2026 |
| U.S. Targeted Value Portfolio | 123,281 | 0.63% | $5.27M | 0.03% | Jul 31, 2026 |
| Regional Bank Fund | 121,103 | 0.62% | $5.17M | 0.54% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 102,303 | 0.52% | $3.80M | 0.01% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 95,877 | 0.49% | $3.56M | 0.02% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Thomas R. Quinn Jr | President & CEO, Director | 4,000 | 0.02% | Jun 3, 2026 |
| Amy Doll | EVP, Chief Admin. Officer | 25,669 | 0.13% | Jul 28, 2026 |
| Sean Mulcahy | Chief Accounting Officer | 2,768 | 0.01% | Jul 2, 2026 |
| Michael Jaeger | EVP, Chief Experience Officer | 3,549 | 0.02% | Jul 2, 2026 |
| Matthew D. Alpert | EVP, Chief Wealth Officer | 15,000 | 0.08% | May 6, 2026 |
| Christopher D. Holt | EVP, Market President | 12,616 | 0.06% | Mar 12, 2026 |
| Joshua D. Hocker | EVP, Market President | 1,871 | 0.01% | Feb 25, 2026 |
| Philip E. Fague | EVP, Trust & Wealth | 1,464 | 0.01% | Feb 19, 2026 |
| Jeffrey S. Gayman | EVP, Mortgage & Retail | 3,240 | 0.02% | Feb 19, 2026 |
| Robert G. Coradi | EVP, Chief Risk Officer | 10,461 | 0.05% | Feb 19, 2026 |
| Adam L. Metz | SEVP, Chief Operating Officer | 1,828 | 0.01% | Feb 19, 2026 |
| David Todd Hornberger | EVP, Market President | 3,959 | 0.02% | Feb 19, 2026 |
| Zachary Moses Khuri | EVP, Chief Revenue Officer | 3,792 | 0.02% | Feb 19, 2026 |
| Neelesh Kalani | EVP, Chief Financial Officer | 10,699 | 0.05% | Feb 19, 2026 |
| Matthew Dyckman | EVP, General Counsel | 1,784 | 0.01% | Feb 19, 2026 |
| David Chajkowski | EVP, Chief Credit Officer | 4,661 | 0.02% | Feb 19, 2026 |
| Heather K. Knisely | Chief Human Resources Officer | 3,770 | 0.02% | Feb 19, 2026 |
| Christopher Orr | EVP Chief Information Officer | 4,415 | 0.02% | Feb 19, 2026 |
| Benjamin H. Colvard IV | EVP, Chief Operations Officer | 1,547 | 0.01% | Feb 19, 2026 |
| Harland E. Carney III | EVP, Market President | 7,484 | 0.04% | Feb 19, 2025 |
| Chad M. Clabaugh | Chief Consumer Banking Officer | 3,414 | 0.02% | Jan 3, 2025 |
| Michael John Rice | Director | 22,022 | 0.11% | Aug 7, 2026 |
| Joel R. Zullinger | Director | 54,252 | 0.28% | Aug 3, 2026 |
| John W. Giambalvo | Director | 7,782 | 0.04% | May 6, 2026 |
| Eric Andrew Segal | Director | 2,500 | 0.01% | May 6, 2026 |
| Sarah M. Brown | Director | 2,500 | 0.01% | May 6, 2026 |
| Cindy Jeannette Joiner | Director | 2,500 | 0.01% | May 6, 2026 |
| Barbara E. Brobst | Director | 2,500 | 0.01% | May 6, 2026 |
| Scott V. Fainor | Director | 2,500 | 0.01% | May 6, 2026 |
| John Rodney Messick | Director | 2,500 | 0.01% | May 6, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Michael John Rice Director | Aug 6, 2026 | Sale | −2,530 | $43.16 | $109.19K | 22,022 |
| Joel R. Zullinger Director | Jul 30, 2026 | Gift | −120 | $43.49 | $5.22K | 54,252 |
| Amy Doll EVP, Chief Admin. Officer | Jul 27, 2026 | Sale | −3,002 | $41.61 | $124.91K | 25,669 |
| Amy Doll EVP, Chief Admin. Officer | Jul 24, 2026 | Option exercise | +1,549 | $21.23 | $32.89K | 27,218 |
| Amy Doll EVP, Chief Admin. Officer | Jul 24, 2026 | Option exercise | +879 | $25.99 | $22.85K | 28,097 |
| Amy Doll EVP, Chief Admin. Officer | Jul 24, 2026 | Option exercise | +574 | $29.92 | $17.17K | 28,671 |
| Sean Mulcahy Chief Accounting Officer | Jul 1, 2026 | Tax withholding | −296 | $40.83 | $12.09K | 2,768 |
| Michael Jaeger EVP, Chief Experience Officer | Jul 1, 2026 | Tax withholding | −296 | $40.83 | $12.09K | 3,549 |
| Thomas R. Quinn Jr President & CEO, Director | Jun 1, 2026 | Tax withholding | −3,642 | $37.13 | $135.23K | 0 |
| Thomas R. Quinn Jr President & CEO, Director | Jun 1, 2026 | Tax withholding | −10,209 | $37.13 | $379.06K | 0 |
| Barbara E. Brobst Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| John Rodney Messick Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| Mark K. Keller Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| Sarah M. Brown Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| Joel R. Zullinger Director | May 5, 2026 | Award | +2,600 | – | – | 4,600 |
| Scott V. Fainor Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| Cindy Jeannette Joiner Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| Brian D. Brunner Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| Glenn W. Snoke Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| Eric Andrew Segal Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| John W. Giambalvo Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| Michael John Rice Director | May 5, 2026 | Award | +1,500 | – | – | 2,500 |
| Matthew D. Alpert EVP, Chief Wealth Officer | May 5, 2026 | Award | +15,000 | – | – | 15,000 |
| Brian D. Brunner Director | Mar 18, 2026 | Buy | +1,000 | $34.02 | $34.02K | 50,529 |
| Christopher D. Holt EVP, Market President | Mar 11, 2026 | Sale | −7,820 | $34.29 | $268.15K | 12,616 |
| Joshua D. Hocker EVP, Market President | Feb 23, 2026 | Tax withholding | −90 | $38.08 | $3.43K | 1,871 |
| Thomas R. Quinn Jr President & CEO, Director | Feb 19, 2026 | Sale | −10,373 | $37.43 | $388.26K | 87,202 |
| Thomas R. Quinn Jr President & CEO, Director | Feb 18, 2026 | Sale | −28 | $37.70 | $1.06K | 97,575 |
| David Todd Hornberger EVP, Market President | Feb 17, 2026 | Award | +2,170 | – | – | 3,959 |
| David Todd Hornberger EVP, Market President | Feb 17, 2026 | Tax withholding | −389 | $37.64 | $14.64K | 1,789 |
| David Todd Hornberger EVP, Market President | Feb 17, 2026 | Tax withholding | −1,729 | $37.64 | $65.08K | 6,042 |
| David Todd Hornberger EVP, Market President | Feb 17, 2026 | Award | +3,365 | – | – | 9,407 |
| Jeffrey S. Gayman EVP, Mortgage & Retail | Feb 17, 2026 | Award | +1,776 | – | – | 3,240 |
| Jeffrey S. Gayman EVP, Mortgage & Retail | Feb 17, 2026 | Tax withholding | −317 | $37.64 | $11.93K | 1,464 |
| Jeffrey S. Gayman EVP, Mortgage & Retail | Feb 17, 2026 | Tax withholding | −1,402 | $37.64 | $52.77K | 5,038 |
| Jeffrey S. Gayman EVP, Mortgage & Retail | Feb 17, 2026 | Award | +2,521 | – | – | 7,559 |
| Matthew Dyckman EVP, General Counsel | Feb 17, 2026 | Tax withholding | −403 | $37.64 | $15.17K | 1,784 |
| Matthew Dyckman EVP, General Counsel | Feb 17, 2026 | Award | +2,164 | – | – | 3,948 |
| Matthew Dyckman EVP, General Counsel | Feb 17, 2026 | Tax withholding | −1,533 | $37.64 | $57.70K | 6,470 |
| Matthew Dyckman EVP, General Counsel | Feb 17, 2026 | Award | +3,072 | – | – | 9,542 |
| Adam L. Metz SEVP, Chief Operating Officer | Feb 17, 2026 | Tax withholding | −403 | $37.64 | $15.17K | 1,828 |
| Adam L. Metz SEVP, Chief Operating Officer | Feb 17, 2026 | Award | +4,199 | – | – | 6,027 |
| Adam L. Metz SEVP, Chief Operating Officer | Feb 17, 2026 | Tax withholding | −1,792 | $37.64 | $67.45K | 6,175 |
| Adam L. Metz SEVP, Chief Operating Officer | Feb 17, 2026 | Award | +4,199 | – | – | 10,374 |
| David Chajkowski EVP, Chief Credit Officer | Feb 17, 2026 | Award | +2,672 | – | – | 4,661 |
| David Chajkowski EVP, Chief Credit Officer | Feb 17, 2026 | Tax withholding | −274 | $37.64 | $10.31K | 1,327 |
| David Chajkowski EVP, Chief Credit Officer | Feb 17, 2026 | Award | +1,702 | – | – | 3,029 |
| Christopher Orr EVP Chief Information Officer | Feb 17, 2026 | Award | +1,915 | – | – | 4,415 |
| Christopher Orr EVP Chief Information Officer | Feb 17, 2026 | Award | +1,915 | – | – | 1,915 |
| Christopher D. Holt EVP, Market President | Feb 17, 2026 | Tax withholding | −2,180 | $37.64 | $82.06K | 7,273 |
| Christopher D. Holt EVP, Market President | Feb 17, 2026 | Award | +2,612 | – | – | 4,766 |
| Christopher D. Holt EVP, Market President | Feb 17, 2026 | Tax withholding | −491 | $37.64 | $18.48K | 2,154 |
| Christopher D. Holt EVP, Market President | Feb 17, 2026 | Award | +4,338 | – | – | 11,611 |
| Joshua D. Hocker EVP, Market President | Feb 17, 2026 | Award | +1,385 | – | – | 2,114 |
| Joshua D. Hocker EVP, Market President | Feb 17, 2026 | Award | +1,384 | – | – | 1,384 |
| Neelesh Kalani EVP, Chief Financial Officer | Feb 17, 2026 | Award | +3,368 | – | – | 10,699 |
| Neelesh Kalani EVP, Chief Financial Officer | Feb 17, 2026 | Award | +2,439 | – | – | 4,449 |
| Neelesh Kalani EVP, Chief Financial Officer | Feb 17, 2026 | Tax withholding | −467 | $37.64 | $17.58K | 2,010 |
| Neelesh Kalani EVP, Chief Financial Officer | Feb 17, 2026 | Tax withholding | −2,075 | $37.64 | $78.10K | 7,331 |
| Amy Doll EVP, Chief Admin. Officer | Feb 17, 2026 | Award | +2,542 | – | – | 4,356 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
2.08%
0M shares short
Days to cover
4.5
At 0M shares a day
Change since last report
-15.4%
From 0M shares
Short volume, 20 days
56.2%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Orrstown Financial Services's stock actually held short. Settlement fails (shares not delivered on time) peaked at 4 shares on Sep 30, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Michael John Rice Director | Aug 6, 2026 | 2,530 | $109.57K | Aug 6, 2026 | Equity Compensation |
| Amy Doll affiliate | Jul 27, 2026 | 3,002 | $124.91K | Jul 27, 2026 | Stock Option Exercise |
| Christopher D. Holt affiliate | Mar 11, 2026 | 7,820 | $268.17K | Mar 11, 2026 | Restricted Stock Vesting |
| Christopher D. Hold affiliate | Mar 11, 2026 | 7,820 | $268.17K | Mar 11, 2026 | Restricted Stock Vesting |
| Thomas R. Quinn Jr affiliate | Feb 18, 2026 | 10,401 | $393.68K | Feb 18, 2026 | Restricted Stock Vesting |
| John Rodney Messick Director | Feb 4, 2026 | 2,500 | $94.50K | Feb 5, 2026 | Merger |
| David Todd Hornberger Officer | Oct 25, 2024 | 4,000 | $150.20K | Oct 29, 2024 | Open market |
| Christopher D. Holt affiliate | Sep 12, 2024 | 8,000 | $273.24K | Sep 11, 2024 | Employee Stock Purchase Plan |
| Christopher D. Holt affiliate | Sep 11, 2024 | 8,000 | $273.24K | Sep 11, 2024 | Employee Stock Purchase Plan |
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