Energy Services of America (ESOA) director sells 100,000 common shares in May trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Energy Services of America CORP director Marshall T. Reynolds reported selling a total of 100,000 shares of Common Stock in late May. The transactions were open-market sales of 56,757 shares on May 27, 2026 at an average price of $17.19 per share and 43,243 shares on May 28, 2026 at an average price of $16.32 per share. Following these sales, Reynolds directly holds 1,325,373 shares of Energy Services of America CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,000 shares ($1,681,379)
Net Sell
2 txns
Insider
REYNOLDS MARSHALL T
Role
null
Sold
100,000 shs ($1.68M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 43,243 | $16.32 | $706K |
| Sale | Common Stock | 56,757 | $17.19 | $976K |
Holdings After Transaction:
Common Stock — 1,325,373 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold May 27, 2026: 56,757 shares
Shares sold May 28, 2026: 43,243 shares
Total shares sold: 100,000 shares
+3 more
6 metrics
Shares sold May 27, 2026
56,757 shares
Open-market sale of ESOA common stock at $17.19 per share
Shares sold May 28, 2026
43,243 shares
Open-market sale of ESOA common stock at $16.32 per share
Total shares sold
100,000 shares
Aggregate of two open-market sales reported in Form 4
Holding after latest sale
1,325,373 shares
Total ESOA common shares directly owned after May 28, 2026
Sale price May 27, 2026
$17.19/share
Weighted average sale price for 56,757 ESOA shares
Sale price May 28, 2026
$16.32/share
Weighted average sale price for 43,243 ESOA shares
Key Terms
open-market sale, weighted average price, non-derivative, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"Footnote F1 states: "Weighted average price""
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
non-derivative financial
"transaction_type is listed as "non-derivative" for each trade"
Form 4 regulatory
"Insider activity was disclosed in a 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.
FAQ
What insider transactions were reported for Energy Services of America (ESOA)?
A company director reported selling 100,000 ESOA common shares in two open-market transactions. The sales occurred on May 27 and May 28, 2026, and were disclosed in a Form 4 filing detailing share counts, prices, and post-transaction holdings.
Were the ESOA insider transactions open-market sales or another type of trade?
Both ESOA transactions were classified as open-market sales of common stock. The Form 4 uses transaction code “S” and describes them as sales in open market or private transactions, with specified share amounts and weighted-average sale prices.
Does the ESOA Form 4 mention any option exercises or derivative positions?
The Form 4 for ESOA shows no derivative transactions or option exercises. All reported activity involves non-derivative common stock, and the derivative transactions summary indicates zero exercises and no remaining derivative positions disclosed in this filing.