CSB Bancorp : Rule 10b5-1 trading plan summary - Form 8-K
March 17, 2023 at 12:43 pm EDT
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On March 15, 2023, CSB Bancorp Inc. adopted a Rule 10b5-1 trading plan to purchase shares of the Company's Common Stock. As of the date of the filing of this Form 8-K no purchases have been made under the Plan. Shares could be acquired as early as April 30, 2023, with the Plan scheduled to terminate on October 31, 2023. The Plan could purchase up to 5,000 shares per quarter.
A plan under Rule 10b5-1 allows a company to repurchase its shares at times when it otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods. A broker selected by the Company will have the authority under the terms and limitations specified in the plan to repurchase shares on the Company's behalf in accordance with the terms of the plan.
CSB Bancorp Inc. published this content on 17 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2023 16:42:03 UTC.
CSB Bancorp, Inc. is a financial holding company. The Company operates through its wholly owned subsidiary, Commercial and Savings Bank of Millersburg, Ohio (the Bank). The Company operates primarily through the Bank and CSB Investment Services, LLC, providing a wide range of banking, trust, financial, and brokerage services to corporate, institutional, and individual customers throughout northeast Ohio. The Bank provides retail and commercial banking services to its customers, including checking and savings accounts, time deposits, individual retirement accounts (IRAs), safe deposit facilities, personal loans, commercial loans, real estate mortgage loans, installment loans, night depository facilities, brokerage, and trust services. The Bank provides residential real estate, commercial real estate, commercial, and consumer loans to customers located primarily in Holmes, Stark, Tuscarawas, Wayne, and portions of surrounding counties in Ohio.