Monitor for accelerated insider selling ahead of any upcoming earnings or material news. The pattern of three consecutive days of filings by the same officer suggests a deliberate reduction of a long-held position. If the company has not announced any material events, this could signal insider concern about valuation or fundamentals.
Price Chart
Executive Summary
Marshall T. Reynolds, an officer of Energy Services of America, filed a Form 144 on May 29, 2026, indicating intent to sell up to 64,942 shares of common stock. The shares were acquired on October 3, 2006, as founders shares, and the proposed sale is valued at approximately $94,050 based on the filing date price. This follows two recent sales by Reynolds on May 27 and May 28, totaling 100,000 shares for about $1.68 million, suggesting a pattern of insider monetization.
Key Facts
- Officer Marshall T. Reynolds filed Form 144 to sell 64,942 shares of ESOA common stock.
- Shares were acquired on 10/03/2006 as founders shares, indicating long-held insider position.
- Proposed sale value estimated at ~$94,050 based on filing date price of ~$1.448/share.
- Reynolds executed two prior sales on 05/27 and 05/28, totaling 100,000 shares for ~$1.68 million.
- Combined recent insider selling (including this filing) exceeds $1.77 million over three trading days.
- Market cap is ~$306M; total insider sales represent ~0.58% of market cap.
- Recent 30-day insider activity shows 3 sells totaling $2.3M, now 4 sells with this filing.
Financial Impact
Proposed sale of 64,942 shares valued at ~$94K; combined with prior two days' sales totals ~$1.77M in insider monetization over three days.
Risk Factors
- Insider selling may indicate lack of confidence in near-term prospects or overvaluation.
- Form 144 is an intent to sell; actual sale may not occur, but the pattern is notable.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001000275-26-000061 |
| Document: 0001000275-26-000061-index.html | 0001000275-26-000061 |
| Document: 0001000275-26-000061.txt | 0001000275-26-000061 |
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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