Form 4: ESSA Bancorp Vice President Thomas J. Grayuski Reports Stock Disposal

Thomas J. Grayuski, a Vice President at ESSA Bancorp, reported the disposal of 82 shares of common stock on May 15, 2024, while still holding a significant number of shares directly and indirectly through ESOP and 401(k) plans.

Summary

• On May 15, 2024, Thomas J. Grayuski, a Vice President of ESSA Bancorp, reported a transaction involving the disposal of 82 shares of common stock.
• The shares were disposed of at a price of $0.
• Following the transaction, Grayuski directly owns 59,814 shares of common stock.
• Grayuski also indirectly owns 15,144 shares through an ESOP and 64,289 shares through a 401(k).
• The directly held shares include restricted stock that vests at a rate of 25% per year, commencing on September 30 of 2021, 2022, 2023 and 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the small number of shares involved.

Key Dates