AmeriServ CEO Stopko Acquires 3,000 Shares via 401(k) Plan

Rhea-AI Filing Summary

Jeffrey A. Stopko, President & CEO and Director of AmeriServ Financial, reported a purchase of common stock on 08/28/2025. The filing shows a purchase (code P) of 3,000 shares at $3.04 per share, executed through a 401(k) plan. After the transaction, Mr. Stopko beneficially owned 160,000 shares. The filing discloses that 54,752 of those shares are held jointly with his wife. The Form 4 was signed by an attorney-in-fact on 08/29/2025.

Positive

• Insider purchase disclosed: 3,000 shares acquired on 08/28/2025 at $3.04 each
• Clear beneficial ownership reported: 160,000 shares held after the transaction with 54,752 jointly owned with spouse
• Purchase executed through 401(k) plan: indicates acquisition was part of a retirement plan

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider purchase of 3,000 shares at $3.04 shows management acquiring stock through a retirement plan; filing indicates continued ownership concentration.

The Form 4 documents a routine insider purchase by the company’s President & CEO, executed through a 401(k) plan, which is disclosed as required under Section 16. The reported post-transaction ownership of 160,000 shares, with 54,752 held jointly with a spouse, quantifies his stake. This is a compliance-focused disclosure rather than a detailed signal about corporate strategy; it provides transparent tracking of an insider’s holdings and plan-based purchases.

Corporate Governance Expert

TL;DR: Filing correctly reports an insider acquisition and identifies beneficial ownership details; documentation is complete and timely.

The Form 4 lists the reporting person, relationship to the issuer (President & CEO and Director), transaction date, transaction code, number of shares purchased, price, and resulting beneficial ownership, along with an explanation that the purchase was through a 401(k) plan. The signature by an attorney-in-fact is dated the day after the transaction, consistent with typical processing. The disclosure meets Section 16 reporting standards and clarifies joint ownership with a spouse.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

STOPKO JEFFREY A

(Last) (First) (Middle)

216 FRANKLIN STREET

(Street)

JOHNSTOWN PA 15901

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERISERV FINANCIAL INC /PA/ [ ASRV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO ASRV & Bank

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/28/2025		P		3,000(1)	A	$3.04	160,000(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares purchased through 401(k) plan.

2. 54,752 shares are held jointly with Mr. Stopko's wife.

	Sharon M. Callihan - Attorney-in-Fact	08/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did ASRV insider Jeffrey A. Stopko report on 08/28/2025?

The Form 4 reports a purchase of 3,000 common shares of AmeriServ Financial (ASRV) on 08/28/2025 at a price of $3.04 per share.

How many ASRV shares does Jeffrey A. Stopko beneficially own after the reported transaction?

The filing states Mr. Stopko beneficially owned 160,000 shares following the reported transaction.

Was the reported ASRV purchase part of a trading plan or retirement vehicle?

Yes. The filing explains the 3,000 shares were purchased through a 401(k) plan.

Does the Form 4 disclose any joint ownership for Mr. Stopko?

Yes. The Form 4 discloses that 54,752 shares are held jointly with Mr. Stopko’s wife.

Who signed the Form 4 for Jeffrey A. Stopko and when?

The Form 4 shows it was signed by Sharon M. Callihan, Attorney-in-Fact on 08/29/2025.