Dividend reinvestment boosts AmeriServ (ASRV) director Daniel Onorato’s holdings

Rhea-AI Filing Summary

AmeriServ Financial Inc. director Daniel A. Onorato reported an automatic share increase through the company’s dividend reinvestment program. Onorato acquired 440 shares of common stock at $3.8359 per share on a grant/award basis, bringing his directly held total to 57,650 shares.

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

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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^*

Onorato Daniel 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		A		440(1)	A	$3.8359	57,650	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 acquired through dividend reinvestment.

	Sharon M. Callihan - Attorney-in-Fact	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did AMERISERV FINANCIAL INC (ASRV) report for Daniel A. Onorato?

AMERISERV FINANCIAL INC reported that director Daniel A. Onorato acquired 440 shares of common stock. The acquisition occurred through dividend reinvestment, meaning cash dividends were automatically used to purchase additional shares instead of being paid out in cash.

At what price were the ASRV shares acquired in Daniel Onorato’s latest Form 4?

The reported acquisition price for Daniel Onorato’s additional ASRV shares was $3.8359 per share. This price is used to value the 440 dividend-reinvested shares recorded on the Form 4 as a grant, award, or other acquisition transaction.

How many AMERISERV FINANCIAL INC (ASRV) shares does Daniel Onorato own after this transaction?

After the dividend reinvestment transaction, director Daniel A. Onorato directly owns 57,650 shares of AMERISERV FINANCIAL INC common stock. This total reflects his holdings immediately following the acquisition of 440 additional shares reported on the Form 4.

Was Daniel Onorato’s ASRV share acquisition an open-market purchase?

The Form 4 indicates the transaction was a grant, award, or other acquisition, not an open-market buy. A footnote clarifies the 440 shares were acquired through dividend reinvestment, where dividends are automatically used to buy more shares.

What does ‘dividend reinvestment’ mean in the context of ASRV’s Form 4?

In this ASRV Form 4, dividend reinvestment means cash dividends owed to Daniel Onorato were used to buy 440 additional shares instead of being paid in cash. This automatic process increases his share count without a separate cash purchase.

Is Daniel A. Onorato a director or officer of AMERISERV FINANCIAL INC (ASRV)?

According to the Form 4, Daniel A. Onorato is reported as a director of AMERISERV FINANCIAL INC. He is not listed as an officer and has no ten-percent-owner status in this particular insider ownership disclosure.