AmeriServ officer acquires 11 shares at $3.01, Form 4 filed
Rhea-AI Filing Summary
AmeriServ Financial, Inc. (ASRV) insider transaction: David A. Finui, President of ASRV Wealth & Capital Management and an officer of the company, acquired 11 shares of AmeriServ common stock on 08/18/2025 through dividend reinvestment at a reported price of $3.0109 per share. After the transaction, Mr. Finui beneficially owned 2,214 shares in a direct capacity. The Form 4 was signed by an attorney-in-fact on 08/27/2025.
Positive
- Insider acquisition disclosed: An officer acquired 11 shares via dividend reinvestment, increasing direct holdings to 2,214 shares.
- Complete disclosure: Form 4 includes transaction date, price ($3.0109), acquisition method, and signature by attorney-in-fact.
Negative
- None.
Insights
TL;DR: Officer purchased a very small number of shares via dividend reinvestment, increasing direct holdings to 2,214 shares.
The Form 4 discloses a routine non-derivative acquisition of 11 common shares by an officer, executed through dividend reinvestment at $3.0109 per share. The filing provides clear transaction date, acquisition method, and resulting beneficial ownership. The size of the purchase is immaterial relative to typical institutional or insider transactions, and no derivatives or dispositions were reported.
TL;DR: Filing documents a standard insider reinvestment; disclosures appear complete for the reported event.
The document identifies the reporting person, relationship to the issuer, transaction type (A), acquisition method (dividend reinvestment), price, and resulting direct ownership. The signature by an attorney-in-fact is included, and no amendments or additional transactions are indicated. This is a routine disclosure consistent with Section 16 requirements.