Onorato Daniel A. 4
Research Summary
AI-generated summary
Ameriserv (ASRV) Director Daniel Onorato Receives 434 Shares
What Happened Daniel A. Onorato, a director of Ameriserv Financial, acquired 434 shares on 2026-05-18. The shares were recorded at $3.92 each for a total value of $1,703 and are reported on the Form 4 as an acquisition (code "A").
Key Details
- Transaction date and price: 2026-05-18, 434 shares at $3.92 each (total $1,703).
- Acquisition type: Dividend reinvestment (footnote: shares acquired through dividend reinvestment).
- Filing date: Form filed 2026-06-01 reporting the 2026-05-18 transaction (filed after the typical two-business-day window).
- Shares owned after transaction: Not specified in the provided filing.
Context This was a dividend reinvestment (DRIP) rather than an open-market purchase or sale; DRIPs are routine ways insiders convert dividends into additional shares and do not necessarily signal a change in sentiment. The later filing date reduces near-term transparency but does not change the nature of the transaction.