Were Kim W. Kunkle’s AmeriServ (ASRV) share changes due to open-market trades?

No, the changes resulted from dividend reinvestment , not open-market trades. The Form 4 footnote states the shares were acquired through dividend reinvestment, indicating automatic share accumulation rather than active buying or selling decisions.

Dividend reinvestment boosts AmeriServ (ASRV) director share holdings

Q: What did AmeriServ Financial (ASRV) director Kim W. Kunkle report on this Form 4?

Kim W. Kunkle reported small acquisitions of AmeriServ Financial (ASRV) common stock. On May 18, 2026, he received additional shares through a dividend reinvestment plan, increasing both his direct and indirect holdings without any open-market buying or selling.

Q: How many AmeriServ (ASRV) shares did Kim W. Kunkle acquire and at what price?

Kunkle acquired a total of 1,295 AmeriServ shares at $3.9235 per share . These acquisitions were recorded as grant or award-type transactions tied to dividend reinvestment, not discretionary purchases in the open market.

Q: What indirect AmeriServ (ASRV) holdings are associated with Kim W. Kunkle?

The Form 4 reports 67,390 AmeriServ shares held indirectly through Laurel Holdings, Inc. These shares are classified as indirect ownership, reflecting holdings through a related entity rather than in Kunkle’s own name.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

AmeriServ Financial director Kim W. Kunkle reported routine acquisitions of AmeriServ common stock through dividend reinvestment. On May 18, 2026, a total of 1,295 shares were acquired at $3.9235 per share under a dividend reinvestment plan, rather than open-market purchases.

Following these transactions, Kunkle directly holds 181,302 shares of AmeriServ common stock. An additional 67,390 shares are reported as held indirectly through Laurel Holdings, Inc. This filing reflects small, automatic increases in ownership rather than discretionary buying or selling.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider KUNKLE KIM W

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	921	$3.9235	$4K
Grant/Award	Common Stock	305	$3.9235	$1K
Grant/Award	Common Stock	69	$3.9235	$270.72
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 180,928 shares (Direct, null); Common Stock — 67,390 shares (Indirect, Laurel Holdings, Inc.)

Footnotes (1)

[object Object]

Key Figures

Shares acquired via dividend reinvestment: 1,295 shares Acquisition price per share: $3.9235/share Direct holdings after transactions: 181,302 shares +1 more

4 metrics

Shares acquired via dividend reinvestment 1,295 shares Common stock acquisitions on May 18, 2026

Acquisition price per share $3.9235/share Dividend reinvestment transaction price

Direct holdings after transactions 181,302 shares Common stock directly owned after May 18, 2026

Indirect holdings via Laurel Holdings, Inc. 67,390 shares Common stock indirectly owned as of May 18, 2026

Key Terms

dividend reinvestment, indirect ownership, grant, award, or other acquisition, Common Stock

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.

indirect ownership financial

"direct_or_indirect": "I", "nature_of_ownership": "Laurel Holdings, Inc.""

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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.

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Form 4 Insider Transactions: What Each Field Means →

06/01/2026 - 10:30 AM

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^*

KUNKLE KIM W

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/18/2026		A⁽¹⁾		921	A	$3.9235	180,928	D
Common Stock	05/18/2026		A⁽¹⁾		305	A	$3.9235	181,233	D
Common Stock	05/18/2026		A⁽¹⁾		69	A	$3.9235	181,302	D
Common Stock								67,390	I	Laurel Holdings, Inc.

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares acquired through dividend reinvestment.

	Sharon M. Callihan - Attorney-in-Fact	06/01/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did AmeriServ Financial (ASRV) director Kim W. Kunkle report on this Form 4?

Kim W. Kunkle reported small acquisitions of AmeriServ Financial (ASRV) common stock. On May 18, 2026, he received additional shares through a dividend reinvestment plan, increasing both his direct and indirect holdings without any open-market buying or selling.

How many AmeriServ (ASRV) shares did Kim W. Kunkle acquire and at what price?

Kunkle acquired a total of 1,295 AmeriServ shares at $3.9235 per share. These acquisitions were recorded as grant or award-type transactions tied to dividend reinvestment, not discretionary purchases in the open market.

What are Kim W. Kunkle’s total direct AmeriServ (ASRV) holdings after these transactions?

After the reported dividend reinvestment transactions, Kunkle directly holds 181,302 shares of AmeriServ common stock. This figure represents his direct ownership position as of the May 18, 2026 reporting date in the Form 4 filing.

What indirect AmeriServ (ASRV) holdings are associated with Kim W. Kunkle?

The Form 4 reports 67,390 AmeriServ shares held indirectly through Laurel Holdings, Inc. These shares are classified as indirect ownership, reflecting holdings through a related entity rather than in Kunkle’s own name.