Form 4: Energy Services of America Director Sells Shares in Multiple Transactions
SEC Form 4 Filing
Marshall T. Reynolds, a director and 10% owner of Energy Services of America CORP, sold a total of 75,000 shares of common stock over three days in late August 2024.
Summary
- On August 28, 2024, Marshall T. Reynolds sold 25,000 shares of Energy Services of America CORP common stock at a price of $9.5 per share.
- On August 29, 2024, Reynolds sold an additional 29,054 shares at the same price of $9.5 per share.
- On August 30, 2024, Reynolds sold a further 20,946 shares, again at $9.5 per share.
- Following these transactions, Reynolds directly owns 1,579,303 shares of Energy Services of America CORP common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating insider selling. The sentiment is neutral as it simply reports transactions without expressing any opinion or forward-looking statements.
Industry Context
Insider selling can sometimes be interpreted in various ways by the market. It's important to consider the context of the sales, such as the individual's overall holdings and any company-specific news.
Stakeholder Impact
- Shareholders may react to the insider selling, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Marshall T. Reynolds sold 25,000 shares of common stock at $9.5 per share. |
| 08/29/2024 | Marshall T. Reynolds sold 29,054 shares of common stock at $9.5 per share. |
| 08/30/2024 | Marshall T. Reynolds sold 20,946 shares of common stock at $9.5 per share. |
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