CSB Bancorp (CSBB) Corporate Secretary Margaret L. Conn Disposes 35 Shares

What Happened

• Margaret L. Conn, Corporate Secretary of CSB Bancorp, reported an Other acquisition/disposition (code J) on 2026-07-31 that removed 35.284 shares from her indirect beneficial ownership. The reported price is $0.00 and the transaction value is $0, indicating this was not an open-market sale but an administrative disposition.

Key Details

• Transaction date: 2026-07-31; Form filed the same day (timely).
• Transaction type: Code J — "Other acquisition or disposition" (here due to termination of custodianship).
• Shares involved: 35.284 shares; reported price $0.00; reported value $0.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: The shares were previously reported as indirectly owned by Conn as custodian under a Uniform Transfers to Minors Act account; they are no longer reported because the child reached the age of majority and the custodianship terminated.
  • F2: Notes that some shares can be allocated via the company’s Dividend Reinvestment Plan.
  • F3: Notes allocations under the company 401(k) Profit Sharing plan.
• No indication this was a sale for cash; it appears administrative rather than a market trade.

Context

• Dispositions tied to termination of custodianship (gifting/transfers upon child reaching adulthood) do not necessarily signal insider sentiment about the stock — they are administrative changes in reporting of ownership.
• For retail investors, purchases and open-market sales are typically more informative; this filing documents a reclassification/transfer of ownership rather than a purchase or market sale.