Form 4: CSB Bancorp Director Julian L. Coblentz Reports Common Stock Transaction

Director Julian L. Coblentz reports the acquisition of 384 shares of CSB Bancorp common stock at $37.68 per share on August 23, 2024, along with holdings through dividend reinvestment and 401(k) plans.

Summary

• On August 23, 2024, Julian L. Coblentz, a director of CSB Bancorp, Inc. (CSBB), acquired 384 shares of common stock at a price of $37.68 per share.
• Following the transaction, Coblentz directly owns 4,027.2547 shares of common stock.
• Coblentz also indirectly owns 12,067.5425 shares through a dividend reinvestment plan, 1,000 shares through Mudd Valley Foods, Ltd. 401(k), and 1,000 shares through a spouse's 401(k).
• The report also includes exhibits of Limited Power of Attorney documents, granting Andrea R. Miley and Margaret L. Conn the authority to act on Coblentz's behalf for Section 16 reporting obligations.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. The purchase itself could be seen as slightly positive, but the document is primarily informational.

Positives

• The 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 into the transactions of company insiders, allowing investors to track potential shifts in ownership and sentiment.

Stakeholder Impact

• The transaction provides shareholders with information about insider trading activity, which can influence investor sentiment.

Key Dates