STEELE Bancorp (STLE) CFO discloses direct and ESOP share ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
STEELE BANCORP INC Chief Financial Officer Thomas Clark Graver Jr. filed an initial Form 3 reporting his ownership of the company’s common stock. The filing shows indirect ownership of 3,669 shares through an ESOP and direct ownership of 2,416 shares, with no buy or sell transactions reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Graver Thomas Clark Jr.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,416 shares (Direct, null);
Common Stock — 3,669 shares (Indirect, By ESOP)
Footnotes (1)
Key Figures
Indirect common shares: 3,669 shares
Direct common shares: 2,416 shares
Unknown transaction entries: 2 entries
3 metrics
Indirect common shares
3,669 shares
Indirect ownership by ESOP after reported holdings
Direct common shares
2,416 shares
Direct ownership after reported holdings
Unknown transaction entries
2 entries
Holding entries with unknown transaction codes
Key Terms
Form 3, Common Stock, ESOP, indirect ownership, +1 more
5 terms
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
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.
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.
indirect ownership financial
""ownership_type": "indirect""
direct ownership financial
""ownership_type": "direct""
FAQ
What does the STLE Form 3 filing by Thomas Clark Graver Jr. show?
The Form 3 shows Chief Financial Officer Thomas Clark Graver Jr.’s existing holdings of STEELE BANCORP INC common stock, including shares held directly and shares held indirectly through an ESOP, without reporting any new purchases, sales, or option exercises.
Does the STLE Form 3 indicate any recent insider buying or selling?
The Form 3 does not indicate any recent insider buying or selling activity. It functions as an initial statement of beneficial ownership, listing the CFO’s direct and indirect common stock holdings without recording new transactions or changes in position.
What is the role of the ESOP mentioned in the STLE Form 3 filing?
The ESOP in the filing refers to an employee stock ownership plan that holds 3,669 shares of STEELE BANCORP INC common stock for the benefit of Thomas Clark Graver Jr., representing indirect beneficial ownership rather than shares he holds in his own name.