Dividend reinvestment boosts AmeriServ (ASRV) director shareholdings

Rhea-AI Filing Summary

AmeriServ Financial director reinvests dividends into stock

AmeriServ Financial director David J. Hickton acquired 199 shares of common stock on February 17, 2026 at an average price of $3.8359 per share. According to the filing, these shares were acquired through dividend reinvestment, bringing his directly owned stake to 26,163 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^*

Hickton David J.

(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(1)		199	A	$3.8359	26,163	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 (ASRV) report for David J. Hickton?

AmeriServ director David J. Hickton acquired 199 shares of common stock through dividend reinvestment on February 17, 2026. This non-derivative transaction increased his directly held position, reflecting automatic reinvestment of cash dividends into additional AmeriServ shares.

How many AmeriServ (ASRV) shares did Hickton acquire and at what price?

Hickton acquired 199 AmeriServ shares at an average price of $3.8359 per share. The transaction was recorded as a grant or other acquisition, specifically identified as shares received through the company’s dividend reinvestment, rather than an open-market purchase.

What is David J. Hickton’s total AmeriServ (ASRV) shareholding after this transaction?

After the dividend reinvestment, Hickton directly owns 26,163 AmeriServ common shares. The Form 4 shows this updated total ownership figure, reflecting the incremental 199-share increase from reinvested dividends credited on February 17, 2026.

Was the AmeriServ (ASRV) insider transaction a buy or a dividend reinvestment?

The transaction was a dividend reinvestment, not an open-market buy. The Form 4 footnote states the 199 shares were “acquired through dividend reinvestment,” meaning cash dividends were automatically used to purchase additional AmeriServ shares for the director.

What Form 4 transaction code was used for Hickton’s AmeriServ (ASRV) shares?

The transaction used code A, indicating a grant, award, or other acquisition of non-derivative securities. In this case, the accompanying footnote clarifies that the acquisition resulted from dividend reinvestment rather than discretionary trading activity in the market.