Form 4: CSB Bancorp CEO Eddie Steiner Reports Stock Purchases

Sentiment:

SEC Form 4


Eddie Steiner, President & CEO of CSB Bancorp, reports purchasing shares of CSBB common stock on March 19th and 20th, 2025.

Summary

  • Eddie Steiner, the President and CEO of CSB Bancorp, Inc. (CSBB), filed a Form 4 disclosing changes in his beneficial ownership of the company's stock.
  • On March 19, 2025, Steiner purchased 350 shares of CSBB common stock at a price of $42 per share through an IRA.
  • On March 20, 2025, Steiner purchased 270 shares of CSBB common stock at $42 per share.
  • Following these transactions, Steiner directly owns 29,245.7376 shares and indirectly owns 40,200 shares through an IRA.
  • The filing also includes powers of attorney, granting Andrea R. Miley and Margaret L. Conn the authority to file Section 16 reports on Steiner's behalf.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to insider buying, which often signals confidence in the company's prospects. However, the purchase is relatively small.

Positives

  • The CEO's purchase of company stock may signal confidence in the company's future performance.

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued.

Stakeholder Impact

  • The stock purchases could positively influence shareholder sentiment.

Key Dates

DateDescription
2024-02-12Date of Limited Power of Attorney for Section 16 Reporting Obligations.
2025-03-19Eddie Steiner purchased 350 shares of CSBB common stock at $42 per share.
2025-03-20Eddie Steiner purchased 270 shares of CSBB common stock at $42 per share.
2025-03-21Date of filing.

Keywords

CSB Bancorp, CSBB, Eddie Steiner, Form 4, Stock Purchase, Beneficial Ownership, Section 16, Power of Attorney

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