Form 4: CSB Bancorp CEO Eddie Steiner Reports Stock Purchases
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
| Date | Description |
|---|---|
| 2024-02-12 | Date of Limited Power of Attorney for Section 16 Reporting Obligations. |
| 2025-03-19 | Eddie Steiner purchased 350 shares of CSBB common stock at $42 per share. |
| 2025-03-20 | Eddie Steiner purchased 270 shares of CSBB common stock at $42 per share. |
| 2025-03-21 | Date of filing. |
Keywords
CSB Bancorp, CSBB, Eddie Steiner, Form 4, Stock Purchase, Beneficial Ownership, Section 16, Power of Attorney
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