Form 4: CSB Bancorp CEO Eddie Steiner Acquires Additional Shares

Sentiment:

SEC Form 4 Filing


Eddie Steiner, President & CEO of CSB Bancorp, Inc., reports the acquisition of 1,050 shares of common stock at $40 per share and updates beneficial ownership.

Summary

  • On February 20, 2025, Eddie Steiner, the President & CEO of CSB Bancorp, Inc., acquired 1,050 shares of common stock at a price of $40 per share.
  • Following the transaction, Steiner directly owns 27,875.7376 shares and indirectly owns 39,850 shares through an IRA.
  • The acquisition was made through a dividend reinvestment feature of the CSB Bancorp, Inc. Dividend Reinvestment Plan.
  • Steiner has granted Limited Power of Attorney to Andrea R. Miley and Margaret L. Conn for Section 16 reporting obligations.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reports a routine transaction. The CEO's purchase could be seen as slightly positive, but it's not a major event.

Positives

  • The CEO's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their beneficial ownership of company stock, providing transparency to investors.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
February 12, 2024Date of Limited Power of Attorney execution for Andrea R. Miley and Margaret L. Conn.
February 20, 2025Date of transaction: Eddie Steiner acquired 1,050 shares of CSB Bancorp, Inc. common stock.
February 24, 2025Date of signature for the Form 4 filing.

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