Form 4: CSB Bancorp Director Acquires Shares
Insider Transaction Report
Stephen E. Schillig, a Director at CSB Bancorp, Inc., has acquired 446.746 shares of common stock through a dividend reinvestment plan.
Summary
- Stephen E. Schillig, a Director of CSB Bancorp, Inc. (CSBB), acquired 446.746 shares of common stock on April 30, 2026.
- The acquisition was made through the CSB Bancorp, Inc. Dividend Reinvestment Plan.
- The purchase price for these shares was $68.48 per share.
- Following this transaction, Mr. Schillig beneficially owns 278 shares of common stock indirectly through an IRA.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine transaction by a director through a dividend reinvestment plan rather than a significant new investment or divestment.
Positives
- Director acquisition of shares can signal confidence in the company's future prospects.
- Dividend reinvestment indicates continued participation in the company's growth and value distribution.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that insider share acquisitions, particularly by directors, are common within the community banking sector as a way to align management interests with shareholders.
Stakeholder Impact
- Shareholders: The acquisition by a director may be viewed positively, indicating confidence in the company's performance and value.
Key Dates
| Date | Description |
|---|---|
| 01/10/2024 | Date of execution for Limited Power of Attorney for Section 16 Reporting Obligations by Stephen E. Schillig. |
| 04/30/2026 | Transaction Date for the acquisition of common stock. |
| 05/04/2026 | Date of filing for the Form 4 statement. |
Keywords
CSB Bancorp, CSBB, Form 4, Insider Trading, Director, Common Stock, Dividend Reinvestment Plan, Share Acquisition
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