Schmalz Charles D 4

What Happened

• Charles D. Schmalz, President & CEO and director of EWSB Bancorp, Inc. (EWSB), reported purchases totaling 67,641 shares on June 29, 2025. The transactions consist of 8,500 shares and 59,141 shares, each at $10.00 per share, for an aggregate cost of $676,410. These were purchases (transaction code P), which represent insider buying rather than sales.

Key Details

• Transaction dates and prices:
  • 2025-06-29: 8,500 shares at $10.00 each = $85,000
  • 2025-06-29: 59,141 shares at $10.00 each = $591,410
• Total purchased: 67,641 shares for $676,410.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — "Reflects transaction not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended."
• Filing timing: Form filed July 8, 2026, more than a year after the transactions (June 29, 2025), indicating a late filing; late filings reduce the timeliness of disclosure for investors.

Context

• The transactions are reported as open market or private purchases (P = Purchase), meaning the insider acquired shares rather than exercising options or receiving an award.
• The footnote indicates these particular transactions were not required to be reported under Section 16; the filing does not explain why. No other explanatory details (e.g., 10b5-1 plan, tax-related transfers) are provided.