James Mangold of EWSB Bancorp (EWSB) adds 39,950 shares in IRA buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EWSB Bancorp, Inc. vice president of lending James E. Mangold reported an open-market purchase of common stock made indirectly through IRAs. On June 29, 2025, IRAs associated with him bought 39,950 shares of common stock at $10.00 per share, bringing that indirect IRA position to 87,710 shares.
The filing also lists his other holdings as of June 29, 2026: 8,302 shares held directly, 358 shares held indirectly through an ESOP, and 1,698 shares held indirectly through a spouse’s IRA. A footnote states some reported entries reflect transactions not required to be reported under Section 16.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 39,950 shares ($399,500)
Net Buy
4 txns
Insider
Mangold James E
Role
VP - Lending
Bought
39,950 shs ($400K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| Purchase | Common Stock | 39,950 | $10.00 | $400K |
Holdings After Transaction:
Common Stock — 1,698 shares (Indirect, By Spouse IRA);
Common Stock — 8,302 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Open-market purchase: 39,950 shares
Purchase price: $10.00 per share
IRA holding after purchase: 87,710 shares
+3 more
6 metrics
Open-market purchase
39,950 shares
Common Stock bought on June 29, 2025 via IRAs
Purchase price
$10.00 per share
Open-market buy on June 29, 2025
IRA holding after purchase
87,710 shares
Common Stock held indirectly by IRAs after June 29, 2025 buy
Direct holding
8,302 shares
Common Stock held directly as of June 29, 2026
ESOP holding
358 shares
Common Stock held indirectly by ESOP as of June 29, 2026
Spouse IRA holding
1,698 shares
Common Stock held indirectly by spouse’s IRA as of June 29, 2026
Key Terms
Indirect ownership, ESOP, IRA, Section 16 of the Securities Exchange Act of 1934
4 terms
Indirect ownership financial
"ownership_type": "indirect""
ESOP financial
"nature_of_ownership": "By ESOP""
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.
IRA financial
"nature_of_ownership": "By IRAs""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Section 16 of the Securities Exchange Act of 1934 regulatory
"Reflects transaction 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 transaction did EWSB (EWSB) report for James E. Mangold?
EWSB reported that James E. Mangold, VP of Lending, indirectly bought 39,950 shares of common stock through IRAs at $10.00 per share on June 29, 2025. This open-market purchase increased that IRA holding to 87,710 shares of EWSB common stock.
At what price did James E. Mangold buy EWSB common stock?
The filing shows IRAs associated with James E. Mangold purchased EWSB common stock at $10.00 per share. The June 29, 2025 transaction covered 39,950 shares, representing an indirect open-market purchase rather than a grant or option exercise event.
Does the EWSB Form 4 mention transactions not required under Section 16?
Yes. A footnote explains that some entries reflect transactions not required to be reported under Section 16 of the Securities Exchange Act of 1934. The filing still discloses these holdings, providing additional visibility into James E. Mangold’s EWSB ownership structure.