AmeriServ director receives stock retainer award

KUNKLE KIM W reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

KUNKLE KIM W reported acquisition or exercise transactions in this Form 4 filing.

AMERISERV FINANCIAL INC director Kim W. Kunkle reported a stock-based compensation award rather than an open-market trade. An independent director received a grant of 7,250 shares of common stock at $3.793 per share as part of an annual retainer of $27,500 paid in stock.

After this grant, Kunkle holds 188,553 AmeriServ common shares directly and 67,390 shares indirectly through Laurel Holdings, Inc., reflecting both personal and entity-related ownership positions with no derivative securities reported.

Insider Trade Summary

Grant/Award: 7,250 shares

Grant/Award 2 txns

Insider KUNKLE KIM W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,250	$3.793	$27K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 188,553 shares (Direct); Common Stock — 67,390 shares (Indirect, Laurel Holdings, Inc.)

Footnotes (1)

1. F1. Annual Retainer of $27,500 payable in shares of common stock to each independent director.

Key Figures

Stock grant: 7,250 shares Grant price: $3.793 per share Annual retainer: $27,500 +2 more

5 metrics

Stock grant 7,250 shares Common stock grant coded as award to independent director

Grant price $3.793 per share Price for 7,250-share director stock grant

Annual retainer $27,500 Payable in shares of common stock to each independent director

Direct holdings after grant 188,553 shares AmeriServ common stock held directly by Kim W. Kunkle

Indirect holdings 67,390 shares AmeriServ common stock held indirectly via Laurel Holdings, Inc.

Key Terms

Annual Retainer, independent director, Grant, award, or other acquisition, indirect, +1 more

5 terms

Annual Retainer financial

"Annual Retainer of $27,500 payable in shares of common stock"

independent director financial

"payable in shares of common stock to each independent director"

An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

indirect financial

""ownership_type": "indirect""

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ASRV director Kim W. Kunkle report?

Kim W. Kunkle reported receiving a grant of 7,250 AmeriServ common shares as stock-based compensation. The shares were awarded at $3.793 each as part of an annual retainer of $27,500 paid in stock to each independent director.

How many AmeriServ (ASRV) shares does Kim W. Kunkle own after this filing?

After the reported grant, Kim W. Kunkle holds 188,553 AmeriServ common shares directly. In addition, 67,390 shares are held indirectly through Laurel Holdings, Inc., providing a combined view of her direct and entity-related ownership positions in the company.

Was the ASRV Form 4 transaction a market purchase or sale?

The Form 4 shows a grant of 7,250 AmeriServ shares as compensation, not a market purchase or sale. The transaction is coded as a grant, award, or other acquisition and is tied to an annual retainer payable in common stock to independent directors.

What is the value of the ASRV director’s stock retainer reported in this Form 4?

The filing notes an annual retainer of $27,500 payable in AmeriServ common stock to each independent director. In this case, Kim W. Kunkle received 7,250 shares at $3.793 per share to satisfy that stock-based retainer obligation.

How are some of Kim W. Kunkle’s ASRV shares held indirectly?

The Form 4 discloses that 67,390 AmeriServ common shares are held indirectly through Laurel Holdings, Inc. This indirect ownership is separate from Kunkle’s 188,553 directly held shares, clarifying the structure of her overall equity interest in the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/03/2026 - 11:26 AM EDT Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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^*

KUNKLE KIM W

(Last) (First) (Middle)

216 FRANKLIN STREET

(Street)

JOHNSTOWN PENNSYLVANIA 15901

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

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

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

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

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	06/02/2026		A(1)	V	7,250	A	$3.793	188,553	D
Common Stock								67,390	I	Laurel Holdings, Inc.

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. Annual Retainer of $27,500 payable in shares of common stock to each independent director.

	Sharon M. Callihan - Attorney-in-Fact	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)