URSB Bancorp (URSB) director reports 3,000 indirect shares in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
URSB Bancorp, Inc. director Timothy D. Touhey filed an initial ownership report showing an indirect holding of 3,000 shares of Common Stock. These shares are held through a Deferred Compensation Plan rather than directly in his own name.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Touhey Timothy D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,000 shares (Indirect, By Deferred Compensation Plan)
Footnotes (1)
Key Figures
Indirect common shares: 3,000 shares
1 metrics
Indirect common shares
3,000 shares
Total shares following holding entry via Deferred Compensation Plan
Key Terms
Form 3, Deferred Compensation Plan, indirect
3 terms
Form 3 regulatory
"A Form 3 filing for URSB Bancorp, Inc. discloses an insider’s initial ownership position"
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.
Deferred Compensation Plan financial
"These shares are held through a Deferred Compensation Plan rather than directly"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
indirect financial
"The ownership is through a Deferred Compensation Plan, meaning the plan holds the shares on his behalf"
FAQ
What does Timothy D. Touhey report in his Form 3 for URSB?
Timothy D. Touhey reports an indirect holding of 3,000 shares of URSB Bancorp, Inc. Common Stock. The filing is an initial ownership statement, not a buy or sell transaction, and establishes his baseline equity position as a director.
Does this URSB Form 3 show any insider buying or selling?
The URSB Form 3 for Timothy D. Touhey does not show any insider buying or selling. It records an initial indirect holding of 3,000 Common Stock shares, with no transaction price, date-based trade, or net buy/sell direction indicated.
What is the significance of a Form 3 filing for URSB Bancorp?
A Form 3 filing for URSB Bancorp, Inc. discloses an insider’s initial ownership position when they become a reporting person. For Timothy D. Touhey, it documents 3,000 indirectly held shares, providing a baseline for tracking any future Form 4 or Form 5 transactions.