REYNOLDS MARSHALL T 4
Research Summary
AI-generated summary
Energy Services of America (ESOA) Director Marshall T. Reynolds Sells Shares
What Happened
- Marshall T. Reynolds, a director of Energy Services of America (ESOA), sold a total of 100,000 shares in two open-market transactions. On 2026-05-29 he sold 64,942 shares at $15.70 each for $1,019,589, and on 2026-06-01 he sold 35,058 shares at $14.98 each for $525,169 — total proceeds about $1,544,758. These were sales (S), which are often routine insider dispositions and do not, by themselves, indicate company outlook.
Key Details
- Transaction dates and prices:
- 2026-05-29: 64,942 shares sold at $15.70 — $1,019,589
- 2026-06-01: 35,058 shares sold at $14.98 — $525,169
- Total shares sold: 100,000; total proceeds: ~$1.545 million.
- Shares owned after the transactions: Not disclosed in the provided filing.
- Footnotes: F1 indicates a weighted average price was used (as noted in the filing).
- Filing date: 2026-06-02. The Form 4 covers trades on 2026-05-29 and 2026-06-01; if a two-business-day filing rule applies, the May 29 trade may have resulted in a late report (filing did include both transactions).
Context
- This report documents open-market sales (not option exercises, gifts, or awards). Sales are routine insider activity and should be interpreted cautiously; purchases typically carry more weight as a bullish signal. No 10b5-1 plan, tax-withholding, or other special instructions were disclosed in the information provided.