Form 4: EFSI Executive Officer Reports Stock Plan Transactions

Eagle Financial Services Executive Officer Marianne Schmidt reported the acquisition of shares under a stock incentive plan and subsequent dispositions for tax obligations.

Summary

• Marianne Schmidt, an Executive Officer of Eagle Financial Services Inc. (EFSI), reported changes in her beneficial ownership of common stock.
• On January 2, 2026, Schmidt acquired 1,412 shares of EFSI Common Stock, $2.50 Par Value, at a price of $0, as an issuance under the Company's Stock Incentive Plan.
• Following this acquisition, Schmidt's beneficial ownership increased to 4,576 shares.
• On January 2, 2026, Schmidt disposed of 311 shares of Common Stock at a price of $39.44, likely for tax withholding purposes related to the stock plan.
• On January 5, 2026, Schmidt disposed of an additional 120 shares of Common Stock at a price of $39.35, also likely for tax withholding.
• After all reported transactions, Schmidt's beneficial ownership stands at 4,145 shares of Common Stock.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to an executive's stock incentive plan and subsequent tax withholding, which is neutral in sentiment.

Positives

• Executive Officer Marianne Schmidt received 1,412 shares under the Company's Stock Incentive Plan, indicating continued alignment of management interests with shareholder value.

Negatives

• Marianne Schmidt disposed of a total of 431 shares (311 + 120) of common stock for tax withholding purposes, reducing her direct beneficial ownership.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Insider transactions, particularly those related to stock incentive plans and subsequent tax-related dispositions, are common occurrences in publicly traded companies. They reflect routine executive compensation practices and are generally not indicative of significant shifts in company strategy or performance unless they involve large, unprompted open-market sales.

Comparison to Industry Standards

• These types of transactions (stock awards and tax-related sales) are standard components of executive compensation packages across various industries.
• The reported share prices for the dispositions ($39.44 and $39.35) reflect the market value of EFSI common stock around the transaction dates, which is consistent with typical tax withholding practices where shares are sold at prevailing market prices to cover tax liabilities arising from equity awards.

Stakeholder Impact

• Shareholders: The transactions represent a routine part of executive compensation and do not indicate a significant change in company fundamentals or strategy. The slight reduction in direct beneficial ownership due to tax sales is a common occurrence.
• Employees: The stock incentive plan demonstrates the company's mechanism for executive compensation and alignment.

Key Dates

Keywords

EFSI, Form 4, Insider Transaction, Stock Incentive Plan, Executive Compensation, Beneficial Ownership, Marianne Schmidt, Eagle Financial Services