Officer Files Intent to Sell $1.7M in Shares
ESOA has more than doubled off its 52-week low of $7.84 on elevated volume (1.9× avg).
Summary
An officer of Energy Services of America CORP has filed a Form 144 indicating an intent to sell 100,000 shares, valued at approximately $1.7 million.
Key Events · Ownership and Investor Activity · ESOA
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Officer Files Intent to Sell Shares
Marshall T. Reynolds, an officer of Energy Services of America CORP, has filed a Form 144 indicating an intent to sell 100,000 shares of common stock. The proposed sale has an approximate market value of $1,718,560.00.
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Significant Proposed Sale Value
The intended sale value of over $1.7 million is a substantial amount for an individual officer, representing approximately 0.56% of the company's total market capitalization. The shares were acquired as 'Founders Shares' in 2006.
Analysis · ESOA · Real Estate & Construction
An officer's intent to sell over $1.7 million in shares, representing approximately 0.56% of the company's market value, is a notable event. While not an immediate sale, it indicates a significant planned reduction in personal holdings. This filing comes shortly after the company reported strong Q2 2026 results with revenue growth and a return to profitability, which could lead investors to question the timing of this planned sale.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 35.6% of the 1100 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ESOA was trading at $16.55 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $308.8M. The 52-week trading range was $7.84 to $19.94. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.