Director Stephen Schillig adds CSB Bancorp (CSBB) shares via $68.48 open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CSB Bancorp, Inc. director Stephen E. Schillig reported additional ownership of the company’s common stock. On April 30, 2026, an account associated with him bought 80 shares in an open-market purchase at $68.48 per share, held indirectly in an IRA for a total of 278 shares in that account.
A separate entry shows 446.746 direct shares recorded as a holding, which a footnote explains were allocated to his account through the dividend reinvestment feature of the CSB Bancorp, Inc. Dividend Reinvestment Plan, indicating automatic reinvestment rather than a new market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 80 shares ($5,478)
Net Buy
2 txns
Insider
Schillig Stephen E
Role
null
Bought
80 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 80 | $68.48 | $5K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 278 shares (Indirect, IRA);
Common Stock — 446.746 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Open-market purchase: 80 shares
Purchase price: $68.48 per share
Indirect holdings after trade: 278 shares
+1 more
4 metrics
Open-market purchase
80 shares
Common Stock bought on April 30, 2026
Purchase price
$68.48 per share
Open-market transaction in IRA
Indirect holdings after trade
278 shares
IRA account following April 30, 2026 purchase
Direct holdings via reinvestment
446.746 shares
Allocated through Dividend Reinvestment Plan
Key Terms
open-market purchase, Dividend Reinvestment Plan, indirect ownership, Common Stock
4 terms
open-market purchase financial
"80.0000 shares classified as an open-market purchase at $68.4800"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Dividend Reinvestment Plan financial
"dividend reinvestment feature of the CSB Bancorp, Inc. Dividend Reinvestment Plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
indirect ownership financial
"shares held indirectly in an IRA account associated with the reporting person"
Common Stock financial
"transactions involve CSB Bancorp, Inc. Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CSB Bancorp (CSBB) disclose for Stephen E. Schillig?
CSB Bancorp reported that director Stephen E. Schillig’s IRA account bought 80 shares of common stock. The shares were acquired in an open-market purchase, increasing that IRA’s indirect holdings to 278 shares as of April 30, 2026.
What is the nature of Stephen E. Schillig’s direct CSB Bancorp (CSBB) holdings?
The filing lists 446.746 shares of CSB Bancorp common stock as directly held by Stephen E. Schillig. A footnote states these were allocated through the dividend reinvestment feature of the CSB Bancorp, Inc. Dividend Reinvestment Plan.
Was the CSB Bancorp (CSBB) dividend reinvestment activity a market trade?
No. The 446.746 directly held shares are described as allocated via the company’s Dividend Reinvestment Plan. This indicates automatic dividend reinvestment into stock, not a separate open-market or private purchase transaction.