AmeriServ (NASDAQ: ASRV) director lifts stake to 65,714 shares
Rhea-AI Filing Summary
AMERISERV FINANCIAL INC (ASRV) director Daniel A. Onorato reported an automatic acquisition of common stock through dividend reinvestment. On August 17, 2026, 379 shares were added at an effective price of $5.1046 per share, bringing his directly held position to 65,714 common shares.
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Insider Trade Summary
Net Buyer: 379 shares
Net Buy
1 txn
Insider
Onorato Daniel A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 379 | $5.1046 | $2K |
Holdings After Transaction:
Common Stock — 65,714 shares (Direct)
Footnotes (1)
- F1. Shares acquired through dividend reinvestment.
Key Figures
Shares acquired: 379 shares
Effective price per share: $5.1046 per share
Shares held after transaction: 65,714 shares
3 metrics
Shares acquired
379 shares
Common Stock acquired on August 17, 2026 via dividend reinvestment
Effective price per share
$5.1046 per share
Dividend reinvestment acquisition on August 17, 2026
Shares held after transaction
65,714 shares
Directly owned ASRV common stock following the reported transaction
Key Terms
dividend reinvestment, Form 4, 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.
Form 4 regulatory
"reported in the Form 4 filing"
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.
common stock financial
"Shares acquired through dividend reinvestment."
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 director Daniel A. Onorato report?
Daniel A. Onorato reported acquiring 379 shares of AMERISERV FINANCIAL INC (ASRV) common stock on August 17, 2026 through dividend reinvestment, at an effective price of $5.1046 per share.
Was the ASRV insider transaction a market purchase or dividend reinvestment?
The reported ASRV insider transaction was a dividend reinvestment, not an open-market purchase. The Form 4 footnote states that the 379 shares were "Shares acquired through dividend reinvestment."
AI-generated analysis. How Rhea-AI works. Not financial advice.