AmeriServ (NASDAQ: ASRV) director boosts holdings through dividend reinvestment grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AmeriServ Financial director Richard W. Bloomingdale increased his holdings through a small stock grant. On May 18, 2026, he acquired 222 shares of Common Stock at an indicated price of $3.9235 per share, described as shares acquired through dividend reinvestment. After this routine transaction, he directly owns 32,120 Common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bloomingdale Richard W.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 222 | $3.9235 | $871.02 |
Holdings After Transaction:
Common Stock — 32,120 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 222 shares
Indicated price per share: $3.9235 per share
Post-transaction holdings: 32,120 shares
+1 more
4 metrics
Shares acquired
222 shares
Common Stock acquired on May 18, 2026
Indicated price per share
$3.9235 per share
For 222 Common shares acquired
Post-transaction holdings
32,120 shares
Common Stock directly owned after transaction
Transaction code
A (grant, award, or other acquisition)
Characterization of the Form 4 transaction
Key Terms
dividend reinvestment, Common Stock, Grant, award, or other acquisition
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.
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did ASRV director Richard W. Bloomingdale report in this Form 4?
Director Richard W. Bloomingdale reported acquiring 222 shares of AmeriServ Financial Common Stock. The shares were obtained on May 18, 2026, as part of a dividend reinvestment, increasing his direct holdings to 32,120 shares after the transaction.
What are Richard W. Bloomingdale’s ASRV holdings after this transaction?
After this Form 4 transaction, Richard W. Bloomingdale directly holds 32,120 shares of AmeriServ Financial Common Stock. The filing shows that this total reflects the addition of 222 shares acquired through the company’s dividend reinvestment arrangement on May 18, 2026.
Was the ASRV Form 4 transaction an open-market buy or a dividend reinvestment?
The Form 4 shows the 222 AmeriServ Financial shares were acquired through dividend reinvestment. A footnote explicitly states “Shares acquired through dividend reinvestment,” indicating this was an automatic reinvestment of dividends, not a discretionary open-market purchase.
How is the ASRV Form 4 transaction coded and what does that mean?
The transaction is coded “A” for a grant, award, or other acquisition of Common Stock. In this case, it represents shares credited via dividend reinvestment, which is typically a routine, programmatic way for insiders to increase holdings without separate market trades.