Form 4: CSB Bancorp Director Julian L. Coblentz Acquires Additional Shares
SEC Form 4 Filing
Director Julian L. Coblentz reports purchasing 2,000 shares of CSB Bancorp, Inc. common stock at $38 per share.
Summary
- Julian L. Coblentz, a director of CSB Bancorp, Inc., filed a Form 4 disclosing changes in beneficial ownership of the company's stock.
- On March 6, 2024, Coblentz purchased 1,000 shares of common stock at a price of $38 per share.
- An additional 1,000 shares were purchased at the same price.
- These shares are held indirectly through a 401(k) plan and by spouse 401(k).
- Coblentz also beneficially owns 3,949.3324 shares directly and 10,566.0587 shares indirectly through Mudd Valley Foods Ltd.
- Coblentz has granted limited powers of attorney to Andrea R. Miley and Margaret L. Conn for Section 16 reporting obligations.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- Director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding insider transactions in publicly traded companies.
Stakeholder Impact
- Shareholders may view the director's stock purchase as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 2024-01-24 | Limited Power of Attorney executed for Andrea R. Miley and Margaret L. Conn. |
| 2024-03-06 | Director purchased 2,000 shares of common stock at $38 per share. |
| 2024-03-08 | Date of Form 4 signature. |
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