Form 4: CSB Bancorp CEO Eddie Steiner Reports Common Stock Acquisition

Eddie Steiner, President & CEO of CSB Bancorp, reports the acquisition of common stock through a dividend reinvestment plan.

Summary

• Eddie Steiner, the President & CEO of CSB Bancorp, Inc., filed a Form 4 on April 28, 2025, reporting changes in beneficial ownership of the company's stock.
• On April 25, 2025, Steiner acquired 330 shares of common stock at $41 per share, with these shares being directly owned.
• Additionally, 330 shares were acquired at $41 per share through an IRA account, representing indirect ownership.
• Following these transactions, Steiner directly owns 31,146.1139 shares and indirectly owns 40,530 shares through an IRA.
• The acquisition was made pursuant to a dividend reinvestment feature of the CSB Bancorp, Inc. Dividend Reinvestment Plan.
• Steiner has also granted limited powers of attorney to Andrea R. Miley and Margaret L. Conn for Section 16 reporting obligations.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to dividend reinvestment and power of attorney assignments.

Positives

• The CEO's participation in the dividend reinvestment plan signals confidence in the company's future.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Insider transactions are routinely monitored and compared against industry peers to assess management's sentiment and potential future performance.
• Dividend reinvestment plans are a common method for insiders to increase their stake in the company.

Stakeholder Impact

• The CEO's participation in the dividend reinvestment plan could positively influence shareholder confidence.

Key Dates

Keywords

CSB Bancorp, Eddie Steiner, Form 4, Beneficial Ownership, Dividend Reinvestment Plan, Common Stock, Section 16, Power of Attorney