Ameriserv Financial (ASRV) Director Mark Pasquerilla Receives 7,250 Shares

What Happened

Mark E. Pasquerilla, a director of Ameriserv Financial, received an award of 7,250 shares of common stock on 2026-06-02. The shares were issued at an acquisition price of $3.79 per share, for a total value of $27,499. This transaction reflects compensation (an annual retainer) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-02 at $3.79 per share
• Shares received: 7,250; total value reported $27,499
• Footnote: Annual retainer of $27,500 payable in shares to independent directors (filing shows conversion at $3.79 resulting in $27,499)
• Shares owned after the transaction: not specified in the provided filing excerpt
• Filing timeliness: Reported on 2026-06-03 for a 2026-06-02 transaction (appears timely; not flagged as late)

Context

This was a routine director compensation award (payment of the annual retainer in stock). Such grants are normal corporate governance practice and are compensation-related rather than an explicit buy/sell signal about the director’s personal view of the stock.