Stock retainer grants AmeriServ (ASRV) director 7,250 new shares
Rhea-AI Filing Summary
Bradley Amy reported acquisition or exercise transactions in this Form 4 filing.
AMERISERV FINANCIAL INC director Bradley Amy reported an equity compensation grant rather than an open-market trade. She received 7,250 shares of common stock at $3.793 per share, tied to an annual retainer of $27,500 payable in stock to each independent director. Following this award, she directly holds 41,663 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bradley Amy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,250 | $3.793 | $27K |
Holdings After Transaction:
Common Stock — 41,663 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 7,250 shares
Grant price: $3.793 per share
Post-grant holdings: 41,663 shares
+1 more
4 metrics
Shares granted
7,250 shares
Common Stock grant to director Bradley Amy
Grant price
$3.793 per share
Recorded price for the stock award
Post-grant holdings
41,663 shares
Total common shares held directly after transaction
Annual director retainer
$27,500
Payable in shares of common stock to each independent director
Key Terms
Common Stock, Annual Retainer, independent director, Grant, award, or other acquisition
4 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Annual Retainer financial
"Annual Retainer of $27,500 payable in shares of common stock"
independent director financial
"payable in shares of common stock to each independent director"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did AmeriServ (ASRV) director Bradley Amy report in this Form 4?
Bradley Amy reported receiving 7,250 AmeriServ common shares as equity compensation. The shares were granted at $3.793 each, reflecting part of her annual retainer that is paid in company stock to independent directors, increasing her direct holdings to 41,663 shares.
Was the AmeriServ (ASRV) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not an open-market purchase. The transaction code is “A” for grant, award, or other acquisition, and it is linked to an annual $27,500 retainer paid in shares to each independent director of AmeriServ Financial.
What is the value of the AmeriServ (ASRV) director annual retainer mentioned?
The annual retainer for each independent AmeriServ director is $27,500, paid in stock. A footnote explains this amount is payable in shares of common stock, and the reported 7,250-share grant to Bradley Amy reflects this equity-based compensation arrangement.