Steele Bancorp (STLE) chair John D. Steele Jr. discloses 11.9% stake

Rhea-AI Filing Summary

Steele Bancorp Inc. director John Donald Steele, Jr. filed a Schedule 13D reporting his ownership of the company’s common stock following a merger. He beneficially owns 406,630 shares, representing about 11.9% of the outstanding common stock, with sole voting and dispositive power over all reported shares.

The shares were acquired in exchange for stock of Northumberland Bancorp in connection with Northumberland’s merger into Steele Bancorp. Steele serves as Chairman of the Board of the issuer and its subsidiary Central Penn Bank & Trust and reports no additional agreements or arrangements regarding these securities.

Key Figures

Beneficial ownership: 406,630 shares Ownership percentage: 11.9% Sole voting power: 406,630 shares +2 more

5 metrics

Beneficial ownership 406,630 shares Steele Bancorp common stock reported by John Donald Steele Jr.

Ownership percentage 11.9% Percent of Steele Bancorp common stock class represented by 406,630 shares

Sole voting power 406,630 shares Shares over which Steele has sole voting power

Sole dispositive power 406,630 shares Shares over which Steele has sole dispositive power

Date of event 04/30/2026 Date triggering Schedule 13D filing

Key Terms

Schedule 13D, beneficially owned, sole voting power, sole dispositive power, +1 more

5 terms

Schedule 13D regulatory

"If the filing person has previously filed a statement on Schedule 13G to report the acquisition..."

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

beneficially owned financial

"11Aggregate amount beneficially owned by each reporting person 406,630.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power financial

"Number of Shares Beneficially Owned by Each Reporting Person With: | 7 | Sole Voting Power 406,630.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"9 | Sole Dispositive Power 406,630.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

merger financial

"in connection with the merger of Northumberland with and into the Issuer."

A merger is when two companies combine into a single business, with ownership and control reorganized so they operate as one entity. For investors it matters because mergers can change the value and risk of holdings—shares may be exchanged, diluted, or rise if the combined company saves costs or gains market power, and the deal often depends on regulatory approval and successful integration like two households joining resources and routines.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

STEELE BANCORP INC

(Name of Issuer)

Common Stock, $1.00 par value per share

(Title of Class of Securities)

857937106

(CUSIP Number)

Jeffrey J. Kapsar
250 East Chestnut Street,
Mifflinburg, PA, 17844
(507) 966-1041

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

04/30/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 857937106

1

Name of reporting person

Steele John Donald Jr.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 406,630.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 406,630.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

406,630.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

11.9 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, $1.00 par value per share
(b)	Name of Issuer: STEELE BANCORP INC
(c)	Address of Issuer's Principal Executive Offices: 250 E. CHESTNUT STREET, MIFFLINBURG, PENNSYLVANIA , 17844.
Item 2.	Identity and Background
(a)	John Donald Steele, Jr.
(b)	445 Augusta Drive, Selinsgrove, PA 17870
(c)	Chairman of the Board of Directors of the Issuer and its subsidiary, Central Penn Bank & Trust, 250 East Chestnut Street, Mifflinburg, PA 17844
(d)	None
(e)	None
(f)	United States of America
Item 3.	Source and Amount of Funds or Other Consideration
	Shares acquired in exchange for shares of Northumberland Bancorp ("Northumberland") in connection with the merger of Northumberland with and into the Issuer.
Item 4.	Purpose of Transaction
	See, response to Item 3(a)
Item 5.	Interest in Securities of the Issuer
(a)	406,630 shares; 11.93%
(b)	406,630
(c)	None
(d)	None
(e)	Not applicable
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	None
Item 7.	Material to be Filed as Exhibits.
	Not applicable

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.

Steele John Donald Jr.

Signature:	/s/ John Donald Steele, Jr.
Name/Title:	John Donald Steele, Jr.
Date:	04/30/2026

FAQ

What stake in Steele Bancorp Inc. (STLE) does John Donald Steele, Jr. report on this Schedule 13D?

John Donald Steele, Jr. reports beneficial ownership of 406,630 shares of Steele Bancorp Inc. common stock, representing approximately 11.9% of the outstanding class. He has sole voting and sole dispositive power over these shares according to the Schedule 13D filing.

How did John Donald Steele, Jr. acquire his Steele Bancorp Inc. (STLE) shares?

The shares were acquired in exchange for shares of Northumberland Bancorp in connection with the merger of Northumberland with and into Steele Bancorp Inc.. This transaction converted his prior Northumberland holdings into Steele Bancorp common stock.

What is John Donald Steele, Jr.’s role at Steele Bancorp Inc. (STLE)?

John Donald Steele, Jr. serves as Chairman of the Board of Directors of Steele Bancorp Inc. and its subsidiary, Central Penn Bank & Trust. His business address is at 250 East Chestnut Street, Mifflinburg, Pennsylvania 17844, the issuer’s principal executive office.

Does John Donald Steele, Jr. share voting or dispositive power over Steele Bancorp Inc. (STLE) shares?

No. The Schedule 13D states he has sole voting power and sole dispositive power over 406,630 shares, with zero shared voting and zero shared dispositive power. This means only he controls how these reported shares are voted or sold.

When did the ownership event reported for Steele Bancorp Inc. (STLE) occur?

The reported event that triggered this Schedule 13D occurred on April 30, 2026. That date reflects when the level or nature of John Donald Steele, Jr.’s ownership in Steele Bancorp Inc. required filing this beneficial ownership statement.

Are there any special agreements related to John Donald Steele, Jr.’s Steele Bancorp Inc. (STLE) shares?

The filing states there are no contracts, arrangements, understandings, or relationships with respect to Steele Bancorp Inc. securities beyond what is described. Item 6 of the Schedule 13D reports this section as “None.”