Form 4: CSB Bancorp Director Robert K. Baker Reports Stock Purchases

Sentiment:

SEC Form 4


Robert K. Baker, a director at CSB Bancorp, Inc., reported purchasing shares of the company's common stock through direct and indirect means, including dividend reinvestments and transactions within an IRA and Legacy Trust.

Summary

  • On January 29, 2025, Robert K. Baker, a director of CSB Bancorp, purchased 220 shares of common stock at $37.98 per share.
  • On the same day, Baker also purchased 180 shares through an IRA at $37.98 per share.
  • On January 30, 2025, Baker purchased 300 shares through a Legacy Trust at $37.96 per share.
  • Following these transactions, Baker directly owns 18,850.2097 shares of common stock.
  • Baker also indirectly owns 15,980 shares through an IRA and 1,720 shares through a spouse.
  • Baker has granted limited powers of attorney to Andrea R. Miley and Margaret L. Conn for Section 16 reporting obligations.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to insider buying, which often signals confidence in the company's prospects. However, it's a single director's purchase, so the impact is limited.

Positives

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

Industry Context

Insider buying is often seen as a positive sign, suggesting that those with the most knowledge of the company believe its stock is undervalued.

Stakeholder Impact

  • Shareholders may view the director's stock purchase as a positive signal.

Key Dates

DateDescription
2024-01-24Robert K. Baker executed Limited Powers of Attorney for Section 16 reporting obligations, appointing Andrea R. Miley and Margaret L. Conn as attorneys-in-fact.
2025-01-29Robert K. Baker purchased 220 shares of CSB Bancorp common stock directly at $37.98 per share.
2025-01-29Robert K. Baker purchased 180 shares of CSB Bancorp common stock through an IRA at $37.98 per share.
2025-01-30Robert K. Baker purchased 300 shares of CSB Bancorp common stock through a Legacy Trust at $37.96 per share.
2025-01-30Date of signature for the report.

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