The filing signals insider Marshall T. Reynolds may be looking to monetize a small portion of his position ahead of near-term catalysts. Monitor any actual sales via Form 4 filings. The modest size and officer status suggest limited downside; the stock's small cap and analyst bullish tilt warrant watching for further insider selling clusters.
Price Chart
Executive Summary
Insider Marshall T. Reynolds, an officer of Energy Services of America, filed Form 144 on 2026-05-27 to sell 100,000 common shares valued at approximately $1.72M, to be executed through RBC Capital Markets. The filing represents intent to sell roughly 0.54% of the company's $342M market cap. Given the insider's officer status and modest relative size of the proposed sale, this is a minor de-risking event warranting neutral market impact.
Key Facts
- Insider Marshall T. Reynolds filed Form 144 on 2026-05-27 to sell 100,000 common shares.
- Proceeds from sale estimated at ~$1.72M based on filing date price of ~$17.19/share (extrapolated from $1,718,560 / 100,000 shares).
- Shares to be sold represent approximately 0.54% of the company's $342M market cap.
- Sale to be executed through RBC Capital Markets LLC; shares were originally acquired on 10/03/2006 as founders shares.
- Selling insider is a current officer of the issuer.
Financial Impact
Proposed sale of 100,000 shares valued at ~$1.72M, representing ~0.54% of current market cap.
Risk Factors
- Insider selling may be perceived as negative signal, especially if followed by further officer sales.
- Form 144 only indicates intent to sell; execution may not occur or may be partial.
- Stock is in a construction-sector niche with potential lumpy earnings — insider sale could precede weaker operational performance.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001000275-26-000055 |
| Document: 0001000275-26-000055-index.html | 0001000275-26-000055 |
| Document: 0001000275-26-000055.txt | 0001000275-26-000055 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $9.26 | awaiting T+60 | — | $9.26 (+0.00%) |
Oct 23, 2026 3d ago | Press Release | $9.06 | awaiting T+60 | — | $9.26 (+2.21%) |
Oct 1, 2026 25d ago | 8-K | $11.01 | awaiting T+60 | — | $9.26 (−15.89%) |
Oct 1, 2026 25d ago | Press Release | $11.01 | awaiting T+60 | — | $9.26 (−15.89%) |
Aug 10, 2026 11w ago | 8-K | $13.23 | awaiting T+60 | — | $9.26 (−30.01%) |
Jun 22, 2026 18w ago | Insider Buy | $17.89 $11.14 | ▼ −37.73% | ▼ −39.48% | $9.26 (−48.24%) |
Jun 2, 2026 20w ago | Insider Cluster | $15.30 $11.49 | ▲ +24.90% | ▲ +26.02% | $9.26 (+39.48%) |
May 29, 2026 21w ago | 144 | $15.11 $11.52 | ▲ +23.76% | ▲ +24.99% | $9.26 (+38.72%) |
May 28, 2026 21w ago | Insider Cluster | $14.93 $11.53 | ▼ −22.77% | ▼ −23.96% | $9.26 (−37.98%) |
May 27, 2026 21w ago | 144 | $16.42 $11.81 | ▼ −28.08% | ▼ −29.81% | $9.26 (−43.61%) |
US Market Status
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