AmeriServ (ASRV) director receives $27,500 stock retainer grant in 7,250 shares

Rhea-AI Filing Summary

PASQUERILLA MARK E reported acquisition or exercise transactions in this Form 4 filing.

AmeriServ Financial director Mark E. Pasquerilla received 7,250 shares of common stock as a grant on June 2, 2026. The shares were valued at $3.793 per share and represent an annual retainer of $27,500 payable in stock to independent directors.

After this award, Pasquerilla directly holds 110,709 shares of AmeriServ common stock. He also has indirect holdings reported as 125,500 shares through Marenrico Partnership and 287,150 shares through Pasquerilla Enterprises, reflecting additional ownership held via affiliated entities.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider PASQUERILLA MARK E

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,250	$3.793	$27K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 110,709 shares (Direct, null); Common Stock — 287,150 shares (Indirect, Pasquerilla Enterprises)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 7,250 shares Grant price: $3.793 per share Annual retainer: $27,500 +3 more

6 metrics

Shares granted 7,250 shares Common stock grant on June 2, 2026

Grant price $3.793 per share Value per share for director stock grant

Annual retainer $27,500 Paid in AmeriServ common stock to independent directors

Direct holdings after grant 110,709 shares AmeriServ common stock directly owned by Pasquerilla

Marenrico Partnership holdings 125,500 shares Indirect AmeriServ ownership via Marenrico Partnership

Pasquerilla Enterprises holdings 287,150 shares Indirect AmeriServ ownership via Pasquerilla Enterprises

Key Terms

Annual Retainer, independent directors, indirect ownership, Common Stock, +1 more

5 terms

Annual Retainer financial

"Annual Retainer of $27,500 payable in shares of common stock"

independent directors financial

"payable in shares of common stock to independent directors"

Members of a company’s board who do not have significant business, family, or financial ties to the company and are not part of its management; they are chosen to provide impartial oversight of strategy, financial reporting, executive pay and risk. They matter to investors because independent directors act like an objective referee, helping ensure decisions favor shareholders’ long-term interests rather than insiders, which can strengthen trust and reduce the chance of mismanagement or conflicts of interest.

indirect ownership financial

"direct_or_indirect": "I", "nature_of_ownership": "Marenrico Partnership""

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""

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Form 4 Insider Transactions: What Each Field Means →

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^*

PASQUERILLA MARK E

(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)
06/02/2026

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	06/02/2026		A(1)	V	7,250	A	$3.793	110,709	D
Common Stock								287,150	I	Pasquerilla Enterprises
Common Stock								125,500	I	Marenrico Partnership

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

Explanation of Responses:

1. Annual Retainer of $27,500 payable in shares of common stock to independent directors.

	Sharon M. Callihan - Attorney-in-Fact	06/03/2026
	** 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)

FAQ

What did AmeriServ (ASRV) director Mark Pasquerilla report in this Form 4?

Mark E. Pasquerilla reported receiving 7,250 shares of AmeriServ common stock. The shares were granted as part of his annual retainer, paid in stock to independent directors rather than cash, at a value of $3.793 per share.

How many AmeriServ (ASRV) shares did Mark Pasquerilla receive as compensation?

He received 7,250 shares of AmeriServ common stock. This grant reflects an annual director retainer of $27,500, which the company pays in shares to independent directors instead of cash, based on the stated per-share value.

What is the value of the stock retainer AmeriServ (ASRV) pays to independent directors?

AmeriServ pays an annual retainer of $27,500 to independent directors in common stock. In this filing, that retainer translated into a 7,250-share grant to director Mark E. Pasquerilla at a price of $3.793 per share.

How many AmeriServ (ASRV) shares does Mark Pasquerilla hold directly after this grant?

After the stock grant, Mark E. Pasquerilla directly holds 110,709 shares of AmeriServ common stock. This figure reflects his direct ownership position reported in the filing, separate from additional shares held indirectly through affiliated entities.

What indirect AmeriServ (ASRV) holdings are reported for Mark Pasquerilla?

The filing reports 125,500 AmeriServ shares held indirectly through Marenrico Partnership and 287,150 shares held indirectly through Pasquerilla Enterprises. These indirect positions are attributed to entities associated with Pasquerilla and are reported separately from his direct holdings.

Was Mark Pasquerilla’s AmeriServ (ASRV) Form 4 transaction an open-market purchase?

No, the 7,250 AmeriServ shares were a grant, not an open-market purchase. They were awarded as part of an annual $27,500 retainer paid in common stock to independent directors, rather than bought on the open market.