Form 4: Energy Services of America Director Lucente Sells Shares
SEC Form 4 Filing
Frank S. Lucente, a director of Energy Services of America CORP, sold 1,800 shares of common stock at $10.30 per share on August 22, 2024.
Summary
- On August 22, 2024, Frank S. Lucente, a director of Energy Services of America CORP [ESOA], sold 1,800 shares of common stock at a price of $10.30 per share.
- Following the transaction, Lucente directly owns 284,337 shares of common stock.
- Lucente also indirectly owns 38,673 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a director's sale of shares. It's neutral in sentiment as it simply reports a transaction.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. The sale could be for personal financial management reasons and may not necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it may not necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of transaction: Frank S. Lucente sold 1,800 shares of common stock. |
| 08/26/2024 | Date of signature on the form. |
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