Form 4: ESOA CFO Crimmel Boosts Stake with Restricted Stock Grant

Energy Services of America's CFO, Charles P. Crimmel, reported an increase in his beneficial ownership through a restricted stock award and a related tax settlement.

Summary

• Charles P. Crimmel, Chief Financial Officer of Energy Services of America CORP (ESOA), reported changes in his beneficial ownership of common stock.
• On January 29, 2026, Mr. Crimmel acquired 2,781 shares of common stock at a price of $0.00 per share, likely as part of a restricted stock award.
• On the same date, he disposed of 521 shares of common stock at a price of $0.00 per share for tax settlement related to Restricted Stock Awards.
• Following these transactions, Mr. Crimmel directly beneficially owns 8,139 shares of common stock.
• Additionally, he indirectly beneficially owns 589 shares through a 401(k) plan.
• The acquired shares include restricted stock vesting at a rate of 1/3 per year commencing on January 17, 2025, January 15, 2026, and January 21, 2027.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as slightly positive. While the transactions are routine for executive compensation, the net increase in the CFO's beneficial ownership is a minor positive signal of aligned interests.

Positives

• The Chief Financial Officer's net increase in direct beneficial ownership by 2,260 shares (2,781 acquired 521 disposed) aligns management interests with shareholders.
• The acquisition of shares through restricted stock awards indicates ongoing compensation and retention of key executives.

Negatives

• The disposition of 521 shares was for tax settlement purposes, which is a standard practice for restricted stock awards and not indicative of a negative outlook.

Future Outlook

The filing indicates future vesting dates for restricted stock awards on January 17, 2025, January 15, 2026, and January 21, 2027, suggesting a continued long-term incentive structure for the CFO.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those involving restricted stock awards and subsequent tax settlements, are common in the energy services industry as a form of executive compensation and retention. A net increase in insider ownership, even through grants, can be viewed positively as it further aligns management's financial interests with those of the company's shareholders.

Stakeholder Impact

• Shareholders: The net increase in the CFO's beneficial ownership may be viewed as a positive signal, indicating continued alignment of management's interests with shareholder value.

Next Steps

• Continued vesting of restricted stock awards on January 17, 2025, January 15, 2026, and January 21, 2027.

Key Dates

Recommendation

A Form 4 filing primarily reports changes in insider beneficial ownership and does not typically provide sufficient information to alter a fundamental investment recommendation. The reported transactions are routine for restricted stock awards and tax settlements, and while a net increase in insider ownership is generally positive, it is not a standalone catalyst for a change in investment stance.

Keywords

Energy Services of America, ESOA, Charles P. Crimmel, Chief Financial Officer, Restricted Stock Award, Insider Ownership, Form 4, Beneficial Ownership, Stock Grant, Tax Settlement