Form 4: Energy Services of America Director Lucente Sells Shares in August Transactions

Frank S. Lucente, a director at Energy Services of America, sold a total of 9,190 shares of common stock in two transactions on August 14 and 15, 2024.

Summary

• Frank S. Lucente, a director of Energy Services of America CORP [ESOA], reported changes in beneficial ownership.
• On August 14, 2024, Lucente sold 2,190 shares of common stock at a price of $8.91 per share.
• On August 15, 2024, Lucente sold 7,000 shares of common stock at a price of $8.99 per share.
• Following these transactions, Lucente directly owns 296,137 shares of common stock.
• Lucente's spouse indirectly owns 38,673 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by a director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the corporate world. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The stock sale by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding.

Key Dates