AmeriServ (ASRV) director adds 434 shares through dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERISERV FINANCIAL INC director Daniel A. Onorato acquired 434 shares of common stock on dividend reinvestment at a price of $3.9235 per share. After this automatic acquisition, he directly holds 58,084 common shares in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Onorato Daniel A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 434 | $3.9235 | $2K |
Holdings After Transaction:
Common Stock — 58,084 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 434 shares
Price per share: $3.9235 per share
Post-transaction holdings: 58,084 shares
3 metrics
Shares acquired
434 shares
Common Stock acquired on May 18, 2026
Price per share
$3.9235 per share
Value used for dividend reinvestment acquisition
Post-transaction holdings
58,084 shares
Total common shares directly held after transaction
Key Terms
dividend reinvestment, Common Stock, Grant, award, or other acquisition, Form 4
4 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" in the transaction record"
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""
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "AMERISERV FINANCIAL INC /PA/""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did AMERISERV FINANCIAL (ASRV) director Daniel Onorato report on this Form 4?
Director Daniel A. Onorato reported acquiring 434 shares of AMERISERV FINANCIAL common stock. The shares were obtained through dividend reinvestment at $3.9235 per share, increasing his direct holdings to 58,084 shares.
Was the AMERISERV FINANCIAL (ASRV) Form 4 transaction an open-market purchase?
No, the transaction was not an open-market purchase. Footnotes state the 434 AMERISERV FINANCIAL shares were acquired through dividend reinvestment, indicating an automatic plan-based acquisition rather than a discretionary market trade.
What does transaction code "A" mean in the AMERISERV FINANCIAL (ASRV) Form 4?
Transaction code "A" indicates a grant, award, or other acquisition of securities. In this AMERISERV FINANCIAL filing, it reflects 434 common shares obtained through dividend reinvestment, categorized as a non-derivative acquisition event.