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Eddie L. Steiner, President and CEO of CSB Bancorp, Inc. (OTC:CSBB), a regional bank with a market capitalization of $107.5 million, recently acquired additional shares of the company’s common stock, according to a recent SEC filing. According to InvestingPro data, the company has shown strong returns over both three-month and five-year periods. On April 25, 2025, Steiner purchased a total of 660 shares at a price of $41 per share, amounting to a total transaction value of $27,060.
The transactions included 330 shares acquired directly and another 330 shares purchased indirectly through an Individual Retirement Account (IRA). Following these transactions, Steiner’s direct ownership amounts to approximately 31,146 shares, while his indirect holdings in the IRA stand at 40,530 shares.
The acquisition reflects Steiner’s continued investment in CSB Bancorp, with shares allocated to his account in part due to the dividend reinvestment feature of the company’s Dividend Reinvestment Plan. InvestingPro analysis suggests the stock is slightly overvalued at current levels, with additional insights available through their comprehensive financial analysis platform.
In other recent news, CSB Bancorp, Inc. held its 2025 Annual Meeting of Shareholders with significant participation, where key decisions were made regarding the company’s governance. Shareholders re-elected two directors, Cheryl M. Kirkbride and Stephen E. Schillig, to serve three-year terms, with Kirkbride securing 1,228,205 votes and Schillig receiving 1,220,664 votes. Additionally, the appointment of S.R. Snodgrass, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified with overwhelming support. In a non-binding advisory vote, the compensation of CSB’s named executive officers was approved, reflecting shareholder agreement on executive pay practices. Shareholders also recommended that future advisory votes on executive compensation occur every three years, with this proposal receiving the most support. The meeting’s outcomes were documented in the company’s SEC filing, ensuring transparency and regulatory compliance. These developments provide insight into the company’s governance and shareholder priorities.
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