Form 4: Energy Services of America Director Sells Shares on the Open Market
SEC Form 4
Frank S. Lucente, a director of Energy Services of America CORP, recently sold shares of the company's common stock.
Summary
- On February 26, 2024, Frank S. Lucente, a director of Energy Services of America CORP [ESOA], sold 2,000 shares of common stock at a price of $7.78 per share.
- Following this transaction, Mr. Lucente directly owns 317,327 shares.
- On February 27, 2024, Mr. Lucente sold 6,000 shares of common stock at a price of $8.28 per share.
- Following this transaction, Mr. Lucente directly owns 311,327 shares and indirectly owns 38,673 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by a director. It doesn't inherently indicate positive or negative sentiment, but the market's interpretation could vary.
Risks
- Director selling shares could be perceived negatively by the market.
Industry Context
Director share sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects.
Stakeholder Impact
- Shareholders may react to the director's stock sales, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Director Frank S. Lucente sold 2,000 shares of common stock at $7.78 per share. |
| 02/27/2024 | Director Frank S. Lucente sold 6,000 shares of common stock at $8.28 per share. |
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