Form 4: CSB Bancorp Director Cheryl M. Kirkbride Reports Common Stock Purchases

Director Cheryl M. Kirkbride reported purchasing CSB Bancorp, Inc. common stock at approximately $38.50 per share on November 8, 2024.

Summary

• Cheryl M. Kirkbride, a director of CSB Bancorp, Inc. (CSBB), filed a Form 4 with the SEC on November 12, 2024, reporting changes in beneficial ownership.
• On November 8, 2024, Kirkbride purchased 200 shares of CSB Bancorp common stock at $38.50 per share.
• Additionally, Kirkbride purchased 50 shares of CSB Bancorp common stock at $38.55 per share on the same day.
• Following these transactions, Kirkbride directly owns 1,204 shares of CSB Bancorp common stock.
• Kirkbride also indirectly owns 2,130 shares through an IRA, 460 shares through a spouse's IRA, and several smaller holdings in a spouse's OUTMA accounts for children.
• The filing includes powers of attorney, granting Andrea R. Miley and Margaret L. Conn the authority to file Section 16 reports on Kirkbride's behalf.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock purchases by a director, which can be seen as a slightly positive sign, but it's not a major event.

Positives

• Director's purchase of company stock may signal confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure required by the SEC when corporate insiders trade in their company's stock. It provides transparency to investors about the actions of those with inside knowledge of the company.

Stakeholder Impact

• The stock purchase by a director could have a slightly positive impact on shareholder sentiment.

Key Dates