Form 4: Energy Services of America Director, Jack M. Reynolds, Sells 50,000 Shares
SEC Form 4 Filing
Director Jack M. Reynolds of Energy Services of America CORP sold 50,000 shares of common stock in two transactions on September 19 and 20, 2024.
Summary
- Jack M. Reynolds, a director of Energy Services of America CORP (ESOA), sold 25,000 shares of common stock on September 19, 2024, at a price of $10.4 per share.
- Following this transaction, Reynolds directly owned 433,385 shares.
- On September 20, 2024, Reynolds sold another 25,000 shares of common stock at a price of $10.3 per share.
- After the second transaction, Reynolds directly owned 408,385 shares.
- The sales were reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing indicates insider trading activity, which is closely monitored by investors for insights into a company's prospects. A director selling shares may or may not be indicative of the company's future performance.
Stakeholder Impact
- Shareholders may react to the news of a director selling shares, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Jack M. Reynolds sold 25,000 shares of common stock at $10.4 per share. |
| 09/20/2024 | Jack M. Reynolds sold 25,000 shares of common stock at $10.3 per share. |
| 09/23/2024 | Date of signature on the Form 4 filing. |
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