ESSA Bancorp (ESSA) CFO Muto gave up 2,061 shares at $20.32 to cover taxes or an exercise price
Insider transactions reported
Allan A Muto (EVP and CFO at ESSA Bancorp Inc., ESSA) reported that they gave up 2,061 shares at $20.32 to cover taxes or an exercise price, and returned to the company 133,125 shares between Jul 15, 2025 and Jul 23, 2025. After these transactions the filing shows 0 shares held directly and 0 shares held indirectly (By 401(k)).
- Reporting person
- Muto Allan A
- Role
- EVP and CFO
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jul 15, 2025 | Shares withheld for taxes or exercise price (F) | Common Stock1 | -2,061 | $20.32 | $41.9K | 101,764 direct |
| Jul 23, 2025 | Sale back to the company (D) | Common Stock2 | -101,764 | - | - | 0 direct |
| Jul 23, 2025 | Sale back to the company (D) | Common Stock2, 3 | -12,690 | - | - | 0 indirect |
| Jul 23, 2025 | Sale back to the company (D) | Common Stock2 | -18,671 | - | - | 0 indirect |
Holdings before and after
- Common Stock: 103,825 to 0 direct
- Common Stock: 12,690 to 0 indirect, By 401(k)
- Common Stock: 18,671 to 0 indirect, By ESOP
Footnotes from the filing
- 1. Pursuant to the Agreement and Plan of Merger, dated as of January 9, 2025 (the Merger Agreement ), between the Issuer and CNB Financial Corporation, each restricted stock award outstanding immediately prior to the effective time of the merger fully vested, and such awards will be exchanged for the merger consideration at the effective time of the merger (as defined in the Merger Agreement).
- 2. Pursuant to the Agreement and Plan of Merger, dated as of January 9, 2025, between the Issuer and CNB Financial Corporation, each issued and outstanding share of Issuer common stock was converted into the right to receive 0.8547 shares of CNB Financial Corporation common stock (subject to the payment of cash in lieu of fractional shares).
- 3. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
Transaction codes in this filing
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Muto report in this ESSA Form 4?
Allan A Muto (EVP and CFO at ESSA Bancorp Inc., ESSA) reported that they gave up 2,061 shares at $20.32 to cover taxes or an exercise price, and returned to the company 133,125 shares between Jul 15, 2025 and Jul 23, 2025. After these transactions the filing shows 0 shares held directly and 0 shares held indirectly (By 401(k)).
How many ESSA shares does Muto hold after this filing?
The filing shows 0 shares held directly, 0 shares held indirectly (By 401(k)), 0 shares held indirectly (By ESOP) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code F mean on an SEC Form 4?
Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
Historical context for ESSA
Earlier insider filings at ESSA
- Jul 24, 2025Senior Vice President Grayuski Thomas J covered exercise/tax liability with 1,030 shares and returned 140,884 shares to the company, closing all direct ownership in the company (SEC Form 4)
- Jul 24, 2025SEVP and COO Gray Peter A covered exercise/tax liability with 2,061 shares and returned 42,256 shares to the company, closing all direct ownership in the company (SEC Form 4)
- Jul 24, 2025Senior Vice President Selitto Robert L covered exercise/tax liability with 884 shares and returned 27,170 shares to the company, closing all direct ownership in the company (SEC Form 4)
- Jul 24, 2025EVP and Chief Risk Officer Hangen Charles covered exercise/tax liability with 2,093 shares and returned 49,855 shares to the company, closing all direct ownership in the company (SEC Form 4)
- Oct 23, 2024Director Weekes Elizabeth B was granted 1,263 shares, increasing direct ownership by 4% to 36,955 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Banks
- Listed since
- 2007
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