EWSB Bancorp (EWSB) VP adds indirect holdings with open-market share purchases
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EWSB Bancorp VP Kory J. Schneider reported indirect purchases of company stock. On June 29, 2025, entities associated with Schneider made two open-market purchases of EWSB Bancorp common stock. One purchase added 15,040 shares held "By Spouse" at $10.00 per share, bringing that indirect position to 25,040 shares.
A second open-market purchase added 32,860 shares held "By IRAs" at $10.00 per share, increasing those indirect IRA holdings to 71,760 shares. The filing also notes 371 shares held indirectly "By ESOP," shown as a holding entry rather than a new reportable transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 47,900 shares ($479,000)
Net Buy
3 txns
Insider
Schneider Kory J
Role
VP - Member Experience
Bought
47,900 shs ($479K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| Purchase | Common Stock | 32,860 | $10.00 | $329K |
| Purchase | Common Stock | 15,040 | $10.00 | $150K |
Holdings After Transaction:
Common Stock — 371 shares (Indirect, By ESOP)
Footnotes (1)
- [object Object]
Key Figures
Spouse purchase shares: 15,040 shares
Spouse holding after trade: 25,040 shares
IRA purchase shares: 32,860 shares
+4 more
7 metrics
Spouse purchase shares
15,040 shares
Common Stock, open-market purchase on June 29, 2025
Spouse holding after trade
25,040 shares
Indirect ownership "By Spouse" following purchase
IRA purchase shares
32,860 shares
Common Stock, open-market purchase on June 29, 2025
IRA holding after trade
71,760 shares
Indirect ownership "By IRAs" following purchase
Purchase price
$10.00 per share
Price for both open-market purchases on June 29, 2025
ESOP holding
371 shares
Indirect ownership "By ESOP" shown as holding entry
Total net shares bought
47,900 shares
Net-buy across reported transactions per transactionSummary
Key Terms
open-market purchase, indirect ownership, ESOP, Section 16 of the Securities Exchange Act of 1934
4 terms
open-market purchase financial
"transaction_action is described as "open-market purchase" for both stock buys"
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.
indirect ownership financial
"Each entry lists ownership_type "indirect" with ownership_code "I""
ESOP financial
"nature_of_ownership is shown as "By ESOP" for 371 shares"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Section 16 of the Securities Exchange Act of 1934 regulatory
"Footnote states the ESOP transaction is not required to be reported pursuant to Section 16"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
What insider activity did EWSB VP Kory Schneider report on this Form 4?
VP Kory J. Schneider reported two indirect open-market purchases of EWSB Bancorp common stock on June 29, 2025. The trades increased indirect holdings through a spouse account and IRA accounts at a reported $10.00 per share purchase price.
What does the ESOP entry mean in Kory Schneider’s EWSB Form 4?
The filing shows 371 shares of EWSB Bancorp common stock held indirectly "By ESOP." A footnote states this reflects a transaction not required to be reported under Section 16, so it appears as a holding entry rather than a new trade.