CFSB BANCORP INC SEC Filings

CFSB Bancorp (CFSB) filed a Form 4 reflecting merger-related conversions. At the Effective Time under the Merger Agreement, each share of common stock was converted into the right to receive $14.25 per share in cash without interest.

The reporting person, a VP-Financial Markets, shows dispositions tied to the closing and now reports 0 shares beneficially owned directly and indirectly. All unvested restricted stock vested and was treated as outstanding for the cash consideration. Outstanding stock options with a $7.99 exercise price were cancelled for cash equal to the intrinsic value based on the $14.25 merger price.

CFSB Bancorp (CFSB) director filed a Form 4 reflecting merger-related dispositions on 10/31/2025. Under the Merger Agreement, each issued and outstanding common share converted into the right to receive cash of $14.25 per share at the Effective Time. Unvested restricted stock vested and became eligible for the same $14.25 per-share cash payment. Outstanding stock options, including 14,000 options with a $9.09 exercise price, were canceled in exchange for cash equal to the excess of $14.25 over the exercise price multiplied by the number of option shares.

CFSB Bancorp (CFSB) officer (Treasurer and COO) filed a Form 4 reporting transactions completed at the closing of the company’s merger. Under the Merger Agreement with Hometown Financial Group, each issued and outstanding share of common stock was converted into the right to receive $14.25 per share in cash, without interest.

The filing notes that all unvested restricted stock vested at the Effective Time and was treated as outstanding for the cash consideration. It also states that outstanding stock options were cancelled in exchange for cash equal to the excess of the $14.25 merger consideration over the option’s exercise price; one option grant carried a $7.99 exercise price. Reported transactions include dispositions of direct holdings and indirect holdings via ESOP, 401(k), and spouse accounts. The transaction date shown is 10/31/2025.

CFSB Bancorp (CFSB) insider transaction tied to closing of a merger. A reporting person who is both President and CEO and a Director reported that, at the merger’s effective time, each share of common stock was converted into the right to receive $14.25 per share in cash.

The filer disposed of 24,000 shares held directly, plus indirect holdings of 4,215 by ESOP, 17,999 by 401(k), and 5,000 by spouse, resulting in 0 shares beneficially owned after the transactions. Unvested restricted stock vested and received the same cash consideration. In addition, 64,000 stock options with a $7.99 exercise price were canceled in exchange for cash equal to their intrinsic value under the merger terms.

CFSB Bancorp (CFSB) insider transaction: A company officer (VP–Retail Lending) reported merger-related dispositions on 10/31/2025. Under the Hometown Financial Group merger, each CFSB share was converted into the right to receive $14.25 per share in cash.

Reported holdings reflect cash-out events tied to the merger: 6,000 shares of common stock disposed directly; 2,191 shares held via the ESOP and 12,540 shares held via the 401(k) also reflected as dispositions under the transaction mechanics. In addition, stock options with a $7.99 exercise price covering 14,000 underlying shares were canceled for cash per the merger formula, leaving 0 derivative securities owned afterward.

CFSB Bancorp (CFSB) insider filed a Form 4 reporting merger-related conversions. On 10/31/2025, pursuant to a merger agreement, each share of common stock was converted into the right to receive cash of $14.25 per share, without interest.

The filing notes that all unvested restricted stock vested at the effective time and was treated as outstanding for the $14.25 per-share cash payment, net of applicable withholding taxes. In addition, outstanding stock options were cancelled in exchange for cash equal to the excess, if any, of the $14.25 consideration over the option’s exercise price, multiplied by the number of shares subject to the option.

The reporting person, an officer (VP-Retail Banking), reported dispositions that reduced both non-derivative and derivative holdings to 0 following the transactions. One listed option grant covered 14,000 underlying shares at a $7.99 exercise price, which was cancelled per the merger terms.

CFSB Bancorp (CFSB) insider reported merger-related transactions. A Form 4 shows that, at the Effective Time of the merger agreed on May 20, 2025, each share of CFSB common stock was converted into the right to receive cash of $14.25 per share without interest.

The reporting person’s holdings were disposed in connection with the merger, including 6,000 shares held directly, 10,000 shares held indirectly by a trust, and 5,000 shares held indirectly by a spouse’s trust. The filing notes that unvested restricted stock vested at closing and was treated as outstanding common stock entitled to the cash consideration.

In addition, stock options covering 14,000 shares with a $9.09 exercise price were cancelled at closing in exchange for cash equal to the excess of the $14.25 per-share merger consideration over the exercise price, multiplied by the number of option shares, net of applicable withholding taxes.

CFSB Bancorp (CFSB) — insider transaction tied to merger. On 10/31/2025, a director reported the conversion of holdings pursuant to the merger with Hometown Financial Group entities. Each share of common stock was converted into the right to receive cash of $14.25 per share, and unvested restricted shares fully vested at the effective time to receive the same cash consideration.

The filing shows dispositions of common stock held directly and indirectly (including by trust and by spouse’s trust). Stock options with a $9.09 exercise price covering 14,000 underlying shares were cancelled in exchange for cash per the merger terms. Following these transactions, the reporting person reported zero shares and zero derivative securities beneficially owned.

CFSB Bancorp (CFSB) reported insider transactions linked to the closing of its merger. On 10/31/2025, each issued and outstanding share of common stock was converted into the right to receive cash of $14.25 per share without interest. The filing shows dispositions of common stock and reflects that unvested restricted shares vested at closing and were treated as outstanding for the cash consideration.

Outstanding stock options were cancelled at closing in exchange for cash equal to the intrinsic value, defined as the excess of the $14.25 merger consideration over the option’s exercise price, multiplied by the number of underlying shares, net of applicable withholding taxes.