Manulife Financial Corporation and its indirect subsidiary Manulife Investment Management (US) LLC filed Amendment No. 9 to a Schedule 13G/A reporting beneficial ownership of 470,502 shares of SB Financial Group common stock. The filing states this equals 7.47% of the 6,302,455 shares outstanding as of February 23, 2026 (per the issuer's Form 10-K). The filing lists voting and dispositive power for MIM (US) as 470,502 shares and is signed by authorized representatives with signature dates of 05/06/2026.
Positive
None.
Negative
None.
Insights
Manulife reports a 7.47% stake in SB Financial Group held by its US investment subsidiary.
The filing states MIM (US) beneficially owns 470,502 shares and that this represents 7.47% of the 6,302,455 shares outstanding as of February 23, 2026. The parent, Manulife, is noted as potentially deemed to beneficially own the same shares through its ownership of MIM (US).
Cash‑flow treatment and any plans to buy or sell are not described in the excerpt; subsequent filings would disclose changes in holdings. Voting and disposition figures are provided explicitly for MIM (US) in the filing.
Key Figures
Beneficial ownership:470,502 sharesShares outstanding:6,302,455 sharesPercent of class:7.47%
3 metrics
Beneficial ownership470,502 sharesHeld by Manulife Investment Management (US) LLC
Shares outstanding6,302,455 sharesOutstanding as of <date>February 23, 2026</date> per issuer Form 10-K
Percent of class7.47%470,502 shares as a percentage of 6,302,455 shares outstanding
Key Terms
beneficial ownership, Schedule 13G/A, CUSIP
3 terms
beneficial ownershipregulatory
"MIM (US) has beneficial ownership of 470,502 shares of Common Stock."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Schedule 13G/Aregulatory
"Amendment No. 9 to a Schedule 13G/A reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
CUSIPfinancial
"CUSIP No.: 78408D105"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
What stake does Manulife report in SB Financial Group (SBFG)?
Manulife reports that Manulife Investment Management (US) LLC beneficially owns 470,502 shares, equal to 7.47% of SBFG's 6,302,455 shares outstanding as of February 23, 2026.
Which entity within Manulife holds the SBFG shares?
The filing attributes the holdings to Manulife Investment Management (US) LLC, a Delaware subsidiary. Manulife Financial Corporation may be deemed to beneficially own the same shares through its parent‑subsidiary relationship.
What voting and disposition powers are reported for the shares?
The filing shows sole voting power and sole dispositive power of 470,502 shares held by MIM (US), with 0 shared voting or dispositive power listed in the excerpt.
When was the ownership percentage calculated and what source is cited?
The 7.47% figure is based on 6,302,455 shares outstanding as of February 23, 2026, cited from the issuer's Form 10-K referenced in the filing (filed March 6, 2025).
Who signed the amendment and when was it signed?
The amendment is signed by Graham Miller (Agent) and Paul Donahue (Chief Compliance Officer) with signature dates of 05/06/2026, and references a Power of Attorney dated January 17, 2018.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 9)
SB Financial Group, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
78408D105
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
78408D105
1
Names of Reporting Persons
Manulife Financial Corporation
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
78408D105
1
Names of Reporting Persons
Manulife Investment Management (US) LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
470,502.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
470,502.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
470,502.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.47 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
SB Financial Group, Inc.
(b)
Address of issuer's principal executive offices:
401 Clinton Street, Defiance, OH 43512
Item 2.
(a)
Name of person filing:
This filing is made on behalf of Manulife Financial Corporation ("MFC") and MFC's indirect, wholly-owned subsidiary, Manulife Investment Management (US) LLC ("MIM (US)").
(b)
Address or principal business office or, if none, residence:
The principal business office of MFC is located at 200 Bloor Street East, Toronto, Ontario, Canada, M4W 1E5.
The principal business office of MIM (US) is located at 197 Clarendon Street, Boston, Massachusetts 02116.
(c)
Citizenship:
MFC is organized and exist under the laws of Canada.
MIM (US) is organized and exists under the laws of the State of Delaware.
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
78408D105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
MIM (US) has beneficial ownership of 470,502 shares of Common Stock. Through its parent-subsidiary relationship to MIM (US), MFC may be deemed to have beneficial ownership of these same shares.
(b)
Percent of class:
Of the 6,302,455 shares of Common Stock outstanding as of February 23, 2026, according to the Form 10-K filed by the issuer with the Securities and Exchange Commission on March 6, 2025, MIM (US) held 7.47%.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Incorporated by reference to Item 5 of the cover page pertaining to each reporting person.
(ii) Shared power to vote or to direct the vote:
Incorporated by reference to Item 6 of the cover page pertaining to each reporting person.
(iii) Sole power to dispose or to direct the disposition of:
Incorporated by reference to Item 7 of the cover page pertaining to each reporting person.
(iv) Shared power to dispose or to direct the disposition of:
Incorporated by reference to Item 8 of the cover page pertaining to each reporting person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Items 3 and 4 above
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Manulife Financial Corporation
Signature:
/s/ Graham Miller
Name/Title:
Graham Miller / Agent*
Date:
05/06/2026
Manulife Investment Management (US) LLC
Signature:
/s/ Paul Donahue
Name/Title:
Paul Donahue / Chief Compliance Officer
Date:
05/06/2026
Comments accompanying signature: *Signed pursuant to a Power of Attorney dated January 17, 2018 included as Exhibit A to Schedule 13F- NT filed with the Securities and Exchange Commission by Manulife Financial Corporation on January 29, 2018.
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7 for other parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)
