REYNOLDS DOUGLAS V 4
Research Summary
AI-generated summary
Energy Services of America (ESOA) 10% Owner Douglas V. Reynolds Buys 6,000 Shares
What Happened
Douglas V. Reynolds, listed as a 10% owner of Energy Services of America Corp (ESOA), purchased 6,000 shares in an open-market/private purchase on 2026-06-18 at $16.26 per share, for a total of $97,560. This was a purchase transaction (code P), which is a direct acquisition of stock rather than a sale.
Key Details
- Transaction date: 2026-06-18; Form 4 filed: 2026-06-22 (reporting period 2026-06-18).
- Price and amount: 6,000 shares at $16.26 each; total value $97,560.
- Footnote: F1 denotes the price shown is a weighted average price.
- Shares owned after transaction: not specified in the details provided here—see the full Form 4 for post-transaction holdings.
- Timeliness: Form filed four days after the transaction; filing was not flagged as late in the provided data.
Context
As a 10% owner, Reynolds is a large stakeholder rather than necessarily an executive; purchases by large owners can indicate increased exposure but do not guarantee future performance. This was a straightforward share purchase (no options exercise, award, or gift) — investors who track insider buying may view this as a positive signal, but should consider it alongside other information and the company's fundamentals.