# EDGAR Filing Document

**Accession Number:** 0000826154
**File Stem:** 0000826154-25-000140
**Filing Date:** 2025-6
**Character Count:** 11285
**Document Hash:** abd9c7fb1963141d2184c25d49b80ff9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000826154-25-000140.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0000826154-25-000140

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250620

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250623

**DATE AS OF CHANGE**: 20250623

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ORRSTOWN FINANCIAL SERVICES INC
- **CENTRAL INDEX KEY:** 0000826154
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 232530374
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34292
- **FILM NUMBER:** 251063080

**BUSINESS ADDRESS:**
- **STREET 1:** 4750 LINDLE RD
- **CITY:** HARRISBURG
- **STATE:** PA
- **ZIP:** 17111
- **BUSINESS PHONE:** 7175326114

**MAIL ADDRESS:**
- **STREET 1:** 4750 LINDLE RD
- **CITY:** HARRISBURG
- **STATE:** PA
- **ZIP:** 17111

?xml version='1.0' encoding='ASCII'? orrf-20250620

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

**June 20, 2025**

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| |
|:---|
| **ORRSTOWN FINANCIAL SERVICES, INC.** |
| (Exact name of registrant as specified in its charter) |

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| | | | | |
|:---|:---|:---|:---|:---|
| **Pennsylvania** | **001-34292** | **001-34292** | **23-2530374** | **23-2530374** |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (Commission File Number) | (IRS Employer Identification No.) | (IRS Employer Identification No.) |
| **4750 Lindle Road,** |  | **Harrisburg,** | **Pennsylvania** | **17111** |
| (Address of Principal Executive Offices) | (Address of Principal Executive Offices) | (Address of Principal Executive Offices) | (Address of Principal Executive Offices) | **(Zip Code)** |
| Registrant's Telephone Number, Including Area Code: | Registrant's Telephone Number, Including Area Code: | **(717)** | **532-6114** |  |
| **Not Applicable** | **Not Applicable** | **Not Applicable** | **Not Applicable** | **Not Applicable** |
| (Former name or former address, if changed since last report) | (Former name or former address, if changed since last report) | (Former name or former address, if changed since last report) | (Former name or former address, if changed since last report) | (Former name or former address, if changed since last report) |

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| | |
|:---|:---|
| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)). |

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| | | |
|:---|:---|:---|
| Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(b) of the Act: |
| Title of each class | Trading symbol(s) | Name of each exchange on which registered |
| **Common Stock, no par value** | **ORRF** | **Nasdaq Stock Market** |

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| | |
|:---|:---|
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |
| ☐ | Emerging growth company |
| ☐ | If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. |

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**Item 8.01&nbsp;&nbsp;&nbsp;&nbsp;Other Events**

On June 23, 2025, Orrstown Financial Services, Inc. (the "Company") announced that its Board of Directors has adopted a share repurchase program. Under the share repurchase program, the Company may repurchase up to 500,000 shares of its common stock, or approximately 2.5% of the Company's current issued and outstanding shares.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(d)&nbsp;&nbsp;&nbsp;&nbsp;Exhibits**

The following exhibit is furnished as part of this Current Report on Form 8-K:

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| | |
|:---|:---|
| **<u>Exhibit No.</u>** | **<u>Description</u>** |
| 99 | <u>[Press release dated June 23, 2025](exh99-pressrelease6x23x2025.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) |

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| | | |
|:---|:---|:---|
| **SIGNATURES** | **SIGNATURES** | **SIGNATURES** |
| Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. | Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. | Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. |
|  | **ORRSTOWN FINANCIAL SERVICES, INC.** | **ORRSTOWN FINANCIAL SERVICES, INC.** |
| Date: June 23, 2025 | By: | /s/ Neelesh Kalani |
|  |  | Neelesh Kalani<br>Executive Vice President and Chief Financial Officer<br>(Duly Authorized Representative) |

---

## Ex-99

Exhibit 99

![image_0.jpg](image_0.jpg)

**Orrstown Financial Services, Inc. Approves Stock Repurchase Program**

**Harrisburg, PA, June 23, 2025** – Orrstown Financial Services, Inc. (NASDAQ: ORRF) (the "Company") today announced that the Board of Directors has authorized the Company to repurchase up to 500,000 shares of its common stock, representing approximately 2.5% percent of the Company's outstanding common stock.

Repurchases under this program will be made in open market or in privately negotiated transactions and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. This authority may be exercised from time to time and in such amounts as market conditions warrant, and subject to regulatory considerations. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, market conditions, and other corporate liquidity requirements and priorities. The stock repurchase program may be suspended or terminated at any time without prior notice.

**About Orrstown**

With $5.4 billion in assets, Orrstown Financial Services, Inc. and its wholly owned subsidiary, Orrstown Bank, provide a wide range of consumer and business financial services in Adams, Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York Counties, Pennsylvania and Anne Arundel, Baltimore, Howard, and Washington Counties, Maryland, as well as Baltimore City, Maryland. The Company's lending area also includes counties in Pennsylvania, Maryland, Delaware, Virginia and West Virginia within a 75-mile radius of the Company's executive and administrative offices as well as the District of Columbia. Orrstown Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the FDIC. Orrstown Financial Services, Inc.'s common stock is traded on the NASDAQ Global Select Market under the symbol "ORRF." For more information about Orrstown Financial Services, Inc. and Orrstown Bank, visit www.orrstown.com.

**Cautionary Note Regarding Forward-Looking Statements**

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements reflect the current views of the Company's management with respect to, among other things, future events and the Company's financial performance. These statements are often, but not

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always, made through the use of words or phrases such as "may," "should," "could," "predict," "potential," "believe," "will likely result," "expect," "continue," "will," "anticipate," "seek," "estimate," "intend," "plan," "project," "forecast," "goal," "target," "would" and "outlook," or the negative variations of those words or other comparable words of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates, predictions or projections about events or the Company's industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond the Company's control. Accordingly, the Company cautions you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. Accordingly, you should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and the Company disclaims any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. All forward-looking statements, expressed or implied, included in this press release are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that the Company or persons acting on the Company's behalf may issue.

For investor inquiries or further information, please contact:

Neelesh Kalani

EVP, Chief Financial Officer

717-510-7097

<u>nkalani@orrstown.com</u>

For media inquiries or further information, please contact:

John Moss<br>SVP, Director of Marketing and Client Experience <br>717-747-1520<br><u>jmoss@orrstown.com</u>

<br>