ASRV Form 4: Director Adds 281 Shares, Holdings Now 31,411
Rhea-AI Filing Summary
Richard W. Bloomingdale, a director of AmeriServ Financial, reported acquiring 281 shares of the company's common stock on 08/18/2025 at a price of $3.0109 per share, bringing his direct beneficial ownership to 31,411 shares. The filing states the shares were acquired through dividend reinvestment. The Form 4 was signed by an attorney-in-fact on 08/27/2025. No derivative transactions or other classes of securities are reported.
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Insights
TL;DR: Director purchased a small block of shares via dividend reinvestment, increasing direct holdings to 31,411 shares.
The reported acquisition of 281 common shares at $3.0109 each was executed through the issuer's dividend reinvestment mechanism. This is a routine, non-transactional purchase consistent with automated reinvestment plans and does not include option exercises, sales, or derivative activity. The filing documents direct ownership and shows the reporting person is a company director. The magnitude of the transaction is small relative to typical market-moving insider trades and contains no additional disclosures such as plan-based sale instructions or amendments.
TL;DR: Governance filing records a standard dividend reinvestment acquisition by a director; documentation appears complete for a Form 4.
The Form 4 identifies the reporting person, relationship to the issuer (director), transaction date, acquisition code, number of shares acquired, price per share, and resulting beneficial ownership. It includes an explanation that the shares were acquired through dividend reinvestment and is signed by an attorney-in-fact. There are no indications of amendments, related-party transactions, or changes in directors' status in the filing itself.