ESSA.Essa Bancorp, INC

Form 4: ESSA Bancorp Vice President Thomas J Grayuski Sells Shares

Sentiment:

SEC Form 4 Filing

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Thomas J Grayuski, Vice President of ESSA Bancorp, Inc., sold 800 shares of common stock on July 26, 2024, at prices ranging from $19.79 to $20.06.

Summary

  • On July 26, 2024, Thomas J Grayuski, a Vice President at ESSA Bancorp, Inc., sold 800 shares of the company's common stock.
  • The sales were executed at various prices, ranging from $19.79 to $20.06 per share.
  • Following these transactions, Grayuski directly owns 59,214 shares of common stock.
  • Grayuski also indirectly owns 16,024 shares through an ESOP and 64,852 shares through a 401(k).
  • The directly held shares include restricted stock that vests at a rate of 25% per year, commencing on September 30th of 2021, 2022, 2023 and 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.

Stakeholder Impact

  • The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

DateDescription
07/26/2024Date of stock sale transactions.
09/30/2021Commencement date for 25% annual vesting of restricted stock.
09/30/2022Commencement date for 25% annual vesting of restricted stock.
09/30/2023Commencement date for 25% annual vesting of restricted stock.
09/30/2024Commencement date for 25% annual vesting of restricted stock.

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