AmeriServ Financial (NASDAQ: ASRV) director adds 195 shares
Rhea-AI Filing Summary
AMERISERV FINANCIAL INC (ASRV) reported that director David J. Hickton acquired additional common stock through a non-market transaction. On 2026-08-17, he received 195 shares of common stock at an implied value of $5.1046 per share, with the shares acquired through dividend reinvestment. Following this transaction, his directly held position increased to 33,805 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 195 shares
Net Buy
1 txn
Insider
Hickton David J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 195 | $5.1046 | $995.40 |
Holdings After Transaction:
Common Stock — 33,805 shares (Direct)
Footnotes (1)
- F1. Shares acquired through dividend reinvestment.
Key Figures
Shares acquired: 195 shares
Transaction value per share: $5.1046 per share
Shares held after transaction: 33,805 shares
3 metrics
Shares acquired
195 shares
Common Stock acquired on 2026-08-17 via dividend reinvestment
Transaction value per share
$5.1046 per share
Implied value for the 195 Common Stock shares acquired
Shares held after transaction
33,805 shares
Total directly held ASRV Common Stock following the 2026-08-17 acquisition
Key Terms
dividend reinvestment, grant, award, or other acquisition, Common Stock
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"
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
What insider transaction did ASRV report for David J. Hickton?
ASRV reported that director David J. Hickton acquired 195 shares of common stock on 2026-08-17 through a grant or award-type acquisition, specifically via dividend reinvestment, at an implied value of $5.1046 per share.
Was the ASRV insider transaction a market purchase or sale?
The transaction was reported as a code A grant, award, or other acquisition of 195 shares of ASRV common stock, with a footnote stating the shares were acquired through dividend reinvestment, not through an open-market purchase or sale.
Does the ASRV Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), and the footnote states only that shares were acquired through dividend reinvestment, without mentioning any trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.