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[SCHEDULE 13D] AMERISERV FINANCIAL INC /PA/ SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Brent D. Baird filed a Schedule 13D disclosing beneficial ownership of 841,756 shares of Ameriserv Financial Inc. common stock, representing 5.1% of the class based on 16,519,267 shares outstanding as of August 7, 2025. The shares were purchased with personal funds for a total of $2,348,068.98. The filing states the shares were acquired for investment purposes and that Mr. Baird currently has no present plans or proposals that would effectuate the matters listed in Item 4 of Schedule 13D, though he may in the future increase or decrease his position or engage in communications with the company or other stockholders. No arrangements or agreements with other parties regarding the securities were reported.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A 5.1% stake is material and signals a meaningful passive investment position with potential to change.

The filing documents a significant personal investment: 841,756 shares purchased for $2.35 million, yielding a disclosed 5.1% ownership of Ameriserv Financial. For investors, a >5% holder merits attention because it crosses common disclosure thresholds and can influence market perception of shareholder composition. The reporting person expressly states an investment purpose and no current plans to pursue specified actions, but retains flexibility to transact or engage with management. There are no disclosed agreements with other parties, which suggests this is an individual position rather than part of a coordinated group.

TL;DR: Ownership above 5% is governance-relevant; the filer reports no arrangements and no present proposals.

From a governance perspective, the Schedule 13D filing is material because a 5.1% holder can attract board and management attention even if the filer claims passive intent. The statement that there are no contracts, arrangements or understandings with respect to the securities indicates no current coalition or proxy arrangements. The filer also preserves the right to communicate with the board or other shareholders in the future, which is typical disclosure language but important for governance monitoring. No express activist proposals are disclosed.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D


BAIRD BRENT D
Signature:/s/ Michael C. Donlon
Name/Title:By POA from Brent D. Baird
Date:09/23/2025
Ameriserv Finl

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