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ESSA Bancorp (ESSA) CFO Muto gave up 2,061 shares at $20.32 to cover taxes or an exercise price

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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
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Jul 15, 2025Shares withheld for taxes or exercise price (F)Common Stock1-2,061$20.32$41.9K101,764 direct
Jul 23, 2025Sale back to the company (D)Common Stock2-101,764--0 direct
Jul 23, 2025Sale back to the company (D)Common Stock2, 3-12,690--0 indirect
Jul 23, 2025Sale 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. 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. 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. 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

Quantisnow market dataNASDAQ
ESSA Bancorp Inc. logo
ESSA
ESSA Bancorp Inc.
Market cap
30-day
Sector
Finance
Industry
Banks
Listed since
2007
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