CSB Bancorp director Baker buys $26400 in company stock

Published 30/06/2025, 13:44
CSB Bancorp director Baker buys $26400 in company stock

Robert K. Baker, a director of CSB Bancorp, Inc. (OTC:CSBB), acquired 600 shares of common stock on June 26, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at $44.00, for a total transaction value of $26,400. The purchase comes as the stock trades near its 52-week high of $45.00, having delivered a strong 16.1% return over the past six months, according to InvestingPro data.

The filing indicates that the transactions involved the purchase of 300 shares directly and 300 shares through an IRA account. Following the transactions, Baker directly owns 19,176.1134 shares of CSB Bancorp, Inc., and indirectly owns 16,280 shares through an IRA. The $115 million market cap company currently trades at a P/E ratio of 10.19 and offers a dividend yield of 3.76%. For more detailed financial metrics and exclusive insights, visit InvestingPro, where you’ll find 12 additional investment tips for CSBB.

In other recent news, CSB Bancorp announced an increase in its quarterly cash dividend to $0.41 per share, marking a $0.01 rise from the previous dividend. This decision highlights the company’s strategy to return profits to shareholders and indicates confidence in its financial stability. During its 2025 Annual Meeting of Shareholders, CSB Bancorp re-elected directors Cheryl M. Kirkbride and Stephen E. Schillig for three-year terms. The meeting also saw the ratification of S.R. Snodgrass, P.C. as the independent auditor for the fiscal year ending December 31, 2025. Shareholders approved the executive compensation plan in a non-binding advisory vote, with a majority supporting a triennial schedule for future advisory votes on executive compensation. These developments reflect the company’s ongoing governance and financial strategies, as documented in their recent SEC filing.

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