Steele Bancorp (STLE) director Amanda Kessler reports direct and trustee-held shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Steele Bancorp Inc director Amanda G. Kessler filed an initial ownership report detailing her holdings of the company’s common stock. She reports 40,319 shares held directly and 21,060 shares held indirectly as trustee for her son, Andrew Misener. This filing establishes her baseline ownership as an insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KESSLER AMANDA G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,060 shares (Indirect, Trustee for Son, Andrew Misener);
Common Stock — 40,319 shares (Direct, null)
Footnotes (1)
Key Figures
Direct common shares: 40,319 shares
Indirect common shares (trustee): 21,060 shares
Unknown transaction entries: 2 entries
3 metrics
Direct common shares
40,319 shares
Total shares held directly following the reported position
Indirect common shares (trustee)
21,060 shares
Shares held indirectly as trustee for son, Andrew Misener
Unknown transaction entries
2 entries
Holding entries with unknown transaction code on Form 3
Key Terms
Common Stock, indirect, trustee
3 terms
Common Stock financial
"security_title: "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.
indirect financial
"ownership_type: "indirect""
trustee financial
"nature_of_ownership: "Trustee for Son, Andrew Misener""
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What does the Form 3 filing by Amanda G. Kessler at STLE show?
The Form 3 shows Amanda G. Kessler’s initial insider holdings in Steele Bancorp common stock, including shares held directly and additional shares held indirectly as trustee for her son, establishing her baseline ownership as a company director.
What indirect Steele Bancorp (STLE) ownership does Amanda G. Kessler report?
She reports indirect ownership of 21,060 common shares as trustee for her son, Andrew Misener. These shares are attributed to her for reporting purposes because she serves as trustee, adding to her overall beneficial ownership exposure to Steele Bancorp stock.
Does Amanda G. Kessler’s Form 3 for STLE show any recent stock transactions?
The Form 3 does not show specific buy or sell transactions; it records existing direct and indirect holdings. Form 3 filings typically establish an insider’s starting ownership position when they become subject to Section 16 reporting requirements.
Why is Amanda G. Kessler considered an insider at Steele Bancorp (STLE)?
She is identified in the filing as a director of Steele Bancorp, which makes her a reporting insider under SEC rules. Directors must disclose their beneficial ownership and later changes through Forms 3, 4, and 5 to provide transparency around insider holdings.