STOCK TITAN

Director Kunkle boosts AmeriServ (ASRV) stake through dividend reinvestment

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AmeriServ Financial director Kim W. Kunkle reported stock acquisitions through dividend reinvestment. On February 17, 2026, Kunkle received a total of 1,314 shares of common stock in three grant or award-type acquisitions at a price of $3.8359 per share, as indicated by the filing and related footnote.

After these transactions, Kunkle directly owned 180,007 shares of AmeriServ common stock. The filing also shows an additional 67,390 shares held indirectly through Laurel Holdings, Inc., reflecting separate indirect ownership alongside the direct holdings.

Positive

  • None.

Negative

  • None.

Insights

Routine dividend reinvestment and awards modestly increase director holdings.

The transactions show Kim W. Kunkle, a director of AmeriServ Financial, acquiring 1,314 common shares via grant or award-type acquisitions at $3.8359 per share, with a footnote stating the shares were acquired through dividend reinvestment. This is a non-cash form of ownership increase.

Following these transactions, Kunkle’s direct holdings rose to 180,007 shares, with an additional 67,390 shares held indirectly through Laurel Holdings, Inc.. These movements are typical of dividend reinvestment and equity programs and do not, on their own, signal a change in corporate strategy or financial condition.

Insider KUNKLE KIM W
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 934 $3.8359 $4K
Grant/Award Common Stock 310 $3.8359 $1K
Grant/Award Common Stock 70 $3.8359 $268.51
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 180,007 shares (Direct); Common Stock — 67,390 shares (Indirect, Laurel Holdings, Inc.)
Footnotes (1)
  1. F1. Shares acquired through dividend reinvestment.

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FAQ

What did AmeriServ Financial (ASRV) director Kim W. Kunkle report on this Form 4?

Kim W. Kunkle reported acquiring 1,314 AmeriServ Financial common shares on February 17, 2026. The filing classifies the transactions as grant or award-type acquisitions and notes they were obtained through dividend reinvestment, modestly increasing his reported ownership position in the company.

How many AmeriServ Financial (ASRV) shares does Kim W. Kunkle own after the reported transactions?

After the reported transactions, Kim W. Kunkle directly owns 180,007 AmeriServ Financial common shares. The filing also lists 67,390 additional shares held indirectly through Laurel Holdings, Inc., indicating both direct and indirect ownership interests associated with the reporting person.

At what price were the AmeriServ Financial (ASRV) shares acquired in this Form 4?

The acquired AmeriServ Financial common shares are reported at a transaction price of $3.8359 per share. The Form 4 and related footnote indicate these shares were obtained through dividend reinvestment, reflecting an automatic reinvestment of cash dividends into additional stock.

Were the AmeriServ Financial (ASRV) Form 4 transactions open-market buys or part of a plan?

The Form 4 describes the transactions as grant or award-type acquisitions with a footnote stating the shares were acquired through dividend reinvestment. This indicates they were not open-market purchases but automatic reinvestments under a dividend reinvestment or similar plan.

Does Kim W. Kunkle have indirect ownership of AmeriServ Financial (ASRV) shares?

Yes. In addition to direct holdings, the filing reports 67,390 AmeriServ Financial common shares held indirectly through Laurel Holdings, Inc. This reflects an indirect ownership position separate from the 180,007 shares Kunkle holds directly in his own name.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KUNKLE KIM W

(Last) (First) (Middle)
216 FRANKLIN STREET

(Street)
JOHNSTOWN PA 15901

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AMERISERV FINANCIAL INC /PA/ [ ASRV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 A(1) 934 A $3.8359 179,627 D
Common Stock 02/17/2026 A(1) 310 A $3.8359 179,937 D
Common Stock 02/17/2026 A(1) 70 A $3.8359 180,007 D
Common Stock 67,390 I Laurel Holdings, Inc.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares acquired through dividend reinvestment.
Sharon M. Callihan - Attorney-in-Fact 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.