AmeriServ Financial (ASRV) EVP lifts stake via dividend reinvestment
Rhea-AI Filing Summary
AMERISERV FINANCIAL INC (ASRV) reported that executive officer David A. Finui, EVP - ASRV Wealth & Cap. Mgmt., acquired 7 shares of common stock on 2026-08-17 at an indicated value of $5.1046 per share. The shares were acquired through dividend reinvestment, bringing his directly held position to 2,250 shares of ASRV common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7 shares
Net Buy
1 txn
Insider
FINUI DAVID A
Role
EVP - ASRV Wealth & Cap. Mgmt.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 7 | $5.1046 | $35.73 |
Holdings After Transaction:
Common Stock — 2,250 shares (Direct)
Footnotes (1)
- F1. Shares acquired through dividend reinvestment.
Key Figures
Shares acquired: 7 shares
Indicated value per share: $5.1046 per share
Shares owned after transaction: 2,250 shares
+1 more
4 metrics
Shares acquired
7 shares
Common Stock transaction on 2026-08-17
Indicated value per share
$5.1046 per share
Value for the 7 acquired shares of Common Stock
Shares owned after transaction
2,250 shares
Directly held Common Stock following the acquisition
Transaction date
2026-08-17
Date of Common Stock acquisition via dividend reinvestment
Key Terms
dividend reinvestment, Grant, award, or other acquisition, direct ownership
3 terms
dividend reinvestment financial
"Shares acquired through dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
direct ownership financial
"ownership_type: direct, ownership_code: D"
FAQ
What insider transaction did ASRV report in this Form 4?
ASRV reported that EVP David A. Finui acquired 7 shares of common stock on 2026-08-17 at an indicated value of $5.1046 per share, increasing his direct holdings to 2,250 shares.
Who is the insider involved in this ASRV Form 4 filing?
The insider is David A. Finui, an officer of AMERISERV FINANCIAL INC with the title EVP - ASRV Wealth & Cap. Mgmt. He reported an acquisition of ASRV common stock through dividend reinvestment.
Was the ASRV insider transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox as false, meaning the reported acquisition of ASRV shares was not affirmed as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.