AmeriServ EVP sells 10,000 shares after option

AmeriServ EVP David A. Finui exercised and sold 10,000 ASRV shares in late August and early September 2026 through cashless option exercises.

Rhea-AI Filing Summary

AMERISERV FINANCIAL INC (ASRV) executive David A. Finui, EVP – ASRV Wealth & Cap. Mgmt., reported option exercises and share sales in AmeriServ common stock. On August 31, 2026, he exercised options for 3,498 shares at an exercise price of $3.32 per share through a cashless stock option exercise and sold 3,498 common shares at a weighted average price of about $5.11 per share, with individual sale prices ranging from $5.10 to $5.1156 per share. On September 4, 2026, he exercised additional options for 6,502 shares at $3.32 per share, also in a cashless exercise, and sold 6,502 common shares at $4.77 per share. No Rule 10b5-1 trading plan is reported for these transactions, and the filing does not state his total share holdings after these trades.

Insider Trade Summary

Exercise and Sale: 10,000 shares ($16K approx. pre-tax spread)

Exercise and Sale 6 txns

Insider FINUI DAVID A

Role EVP - ASRV Wealth & Cap. Mgmt.

Sold 10,000 shs ($49K)

Approx. gross sale proceeds $49K

Approx. exercise cost $33K

Approx. pre-tax spread $16K

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy) F2, F1	6,502	$3.32	$22K
Exercise	Common Stock	6,502	$3.32	$22K
Sale	Common Stock	6,502	$4.77	$31K
Exercise	Stock Option (Right to Buy) F2, F1	3,498	$3.32	$12K
Exercise	Common Stock	3,498	$3.32	$12K
Sale	Common Stock F3	3,498	$5.11	$18K

Holdings After Transaction: Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 2,250 shares (Direct)

Footnotes (3)

1. F1. These options vest in three equal annual installments beginning on September 29, 2017, subject to acceleration or forfeiture in certain specified circumstances.
2. F2. This transaction relates to a cashless stock option exercise.
3. F3. This transaction was executed in multiple trades at prices ranging from $5.10 to $5.1156. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Key Figures

Shares sold August 31, 2026: 3,498 shares Shares sold September 4, 2026: 6,502 shares Option exercise price: $3.32 per share +3 more

6 metrics

Shares sold August 31, 2026 3,498 shares Common stock sold after option exercise on August 31, 2026

Shares sold September 4, 2026 6,502 shares Common stock sold after option exercise on September 4, 2026

Option exercise price $3.32 per share Exercise price for stock options converted into common stock on both dates

Sale price August 31, 2026 (weighted average) about $5.11 per share Weighted average sale price for 3,498 common shares; individual trades ranged from $5.10 to $5.1156

Sale price September 4, 2026 $4.77 per share Sale price for 6,502 common shares sold on September 4, 2026

Total shares exercised 10,000 shares Stock options exercised and converted into common stock across both reported dates

Key Terms

cashless stock option exercise, weighted average sales price, stock option

3 terms

cashless stock option exercise financial

"This transaction relates to a cashless stock option exercise."

weighted average sales price financial

"The price reported above reflects the weighted average sales price."

stock option financial

"These options vest in three equal annual installments beginning on September 29, 2017"

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

FAQ

What insider transactions did ASRV executive David A. Finui report?

He reported exercising options for 10,000 shares of AmeriServ common stock at $3.32 per share and selling 10,000 shares in total on August 31 and September 4, 2026, in connection with cashless stock option exercises.

On what dates did ASRV insider David A. Finui trade shares?

David A. Finui reported trades on August 31, 2026 and September 4, 2026. On both dates he exercised stock options at $3.32 per share and sold the resulting AmeriServ common shares on the same day.

How many ASRV shares did David A. Finui sell and at what prices?

He sold a total of 10,000 AmeriServ common shares. On August 31, 2026 he sold 3,498 shares at a weighted average price of about $5.11 per share, and on September 4, 2026 he sold 6,502 shares at $4.77 per share.

What was the option exercise price in the ASRV Form 4 for David A. Finui?

The reported stock options were exercised at an exercise price of $3.32 per share on both August 31, 2026 and September 4, 2026, in connection with cashless stock option exercises relating to AmeriServ common stock.

Were David A. Finui’s ASRV trades under a Rule 10b5-1 trading plan?

No. The Form 4 for AmeriServ Financial Inc. shows the Rule 10b5-1 trading plan box as not checked, and the footnotes do not state that these transactions were made pursuant to any Rule 10b5-1 trading plan.

What role does David A. Finui hold at ASRV in this Form 4?

David A. Finui is identified as an officer of AmeriServ Financial Inc., serving as EVP – ASRV Wealth & Cap. Mgmt., and he is the reporting person for the option exercises and share sales disclosed.

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Available on EDGAR 09/08/2026 - 04:18 PM Accepted by SEC EDGAR 09/08/2026 - 04:18 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

FINUI DAVID A

(Last) (First) (Middle)

216 FRANKLIN STREET

(Street)

JOHNSTOWN PENNSYLVANIA 15901

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AMERISERV FINANCIAL INC /PA/ [ ASRV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - ASRV Wealth & Cap. Mgmt.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/31/2026		M		3,498	A	$3.32	5,748	D
Common Stock	08/31/2026		S		3,498	D	$5.11(3)	2,250	D
Common Stock	09/04/2026		M		6,502	A	$3.32	8,752	D
Common Stock	09/04/2026		S		6,502	D	$4.77	2,250	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
Stock Option (Right to Buy)	$3.32	08/31/2026		M(2)			3,498	09/29/2017(1)	09/29/2026	Common Stock	3,498	$3.32	6,502	D
Stock Option (Right to Buy)	$3.32	09/04/2026		M(2)			6,502	09/29/2017(1)	09/29/2026	Common Stock	6,502	$3.32	0	D

Explanation of Responses:

1. These options vest in three equal annual installments beginning on September 29, 2017, subject to acceleration or forfeiture in certain specified circumstances.

2. This transaction relates to a cashless stock option exercise.

3. This transaction was executed in multiple trades at prices ranging from $5.10 to $5.1156. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

	Sharon M. Callihan - Attorney-in-Fact	09/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)