Steele Bancorp (STLE) CEO Kapsar reports direct and ESOP share stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Steele Bancorp Inc President and CEO Jeffrey Joseph Kapsar reported his initial ownership of the company’s common stock. He holds 7,002 shares directly and 5,383 shares indirectly through an employee stock ownership plan (ESOP). This disclosure reflects holdings only, with no reported purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kapsar Jeffrey Joseph
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,002 shares (Direct, null);
Common Stock — 5,383 shares (Indirect, By ESOP)
Footnotes (1)
Key Figures
Direct common stock holdings: 7,002 shares
Indirect ESOP holdings: 5,383 shares
2 metrics
Direct common stock holdings
7,002 shares
Shares held directly by Jeffrey Joseph Kapsar after reporting
Indirect ESOP holdings
5,383 shares
Shares held indirectly through an employee stock ownership plan
Key Terms
Employee Stock Ownership Plan (ESOP), indirect ownership, Form 3
3 terms
Employee Stock Ownership Plan (ESOP) financial
"5,383 shares indirectly through an employee stock ownership plan (ESOP)"
An employee stock ownership plan (ESOP) is a company-run retirement and ownership program that gives workers shares or the right to buy shares, so employees collectively hold part of the business. It matters to investors because ESOPs change who owns the company and can affect share supply, corporate incentives and long-term performance—think of it like turning employees into partial owners, which can align interests but also dilute existing shareholders or alter cash flows for payouts.
indirect ownership financial
"5,383 shares indirectly through an employee stock ownership plan"
Form 3 regulatory
"A Form 3 filing reveals an insider’s initial share ownership"
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.
FAQ
What insider ownership did Steele Bancorp (STLE) CEO Jeffrey Kapsar report?
Jeffrey Joseph Kapsar reported holding Steele Bancorp common stock both directly and indirectly. He disclosed 7,002 shares held in his own name and 5,383 shares held indirectly through an employee stock ownership plan, giving investors a clearer view of his equity stake.
Does this Steele Bancorp (STLE) Form 3 show any recent insider buying or selling?
This disclosure only shows Jeffrey Joseph Kapsar’s existing Steele Bancorp common stock holdings. It lists 7,002 directly held shares and 5,383 held indirectly via an ESOP, but does not report any new purchases, sales, or option exercises in this filing.
What does indirect ownership by ESOP mean for Steele Bancorp (STLE) CEO holdings?
Indirect ownership by ESOP means part of Jeffrey Joseph Kapsar’s stake is held through an employee stock ownership plan. The plan owns 5,383 Steele Bancorp shares on his behalf, typically as part of a retirement or incentive program, rather than in a standard brokerage account.
Why is a Steele Bancorp (STLE) Form 3 filing important for investors?
A Form 3 filing reveals an insider’s initial share ownership when they become a reporting person. For Steele Bancorp, it shows President and CEO Jeffrey Joseph Kapsar’s direct and ESOP-based stakes, helping investors understand how much of the company’s stock its leadership currently holds.