Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-31

CSB Bancorp, Inc. (CSBB)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$467,522
Eddie Steiner total, FY2025
1st
CEO pay percentile vs peers
7.96:1
CEO-to-median pay ratio
95.03%
Say-on-pay support, latest vote
Companies that benchmark against CSBB
1 company names CSBB as a compensation peer

Each company listed discloses CSBB in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CSBB in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Eddie Steiner$342,692$100,000$0$0$0$0$24,830$467,522
President and CEO of CSB and Chairman of the Bank
Brett Gallion301,53985,000000024,830411,369
Executive VP, COO, and CIO of CSB and President of the Bank
Paula Meiler223,40865,000000026,275314,683
Senior VP and CFO of CSB and the Bank

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Eddie Steiner$467,522$399,278+68,244
Brett Gallion411,369359,393+51,976
Paula Meiler314,683285,986+28,697

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Cheryl M. KirkbrideDirector2026-03-24A9.46$62$587CommonForm 4 ↗
Stephen E. SchilligDirector2026-04-30A80685,478CommonForm 4 ↗
Cheryl M. KirkbrideDirector2026-06-23A8.4370591CommonForm 4 ↗
Margaret L. ConnCorporate Secretary2026-07-31D35.2800CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

05

Incentive-plan design — the Compensation Discussion & Analysis

To attract and retain highly qualified management, CSB strives to provide target base salaries close to the median of the market rate paid for comparable positions by similarly sized bank holding companies. Where practical, CSB establishes performance-based compensation focused on individual results, team results, and contributions to CSB's overall performance.

CEO STI target (% of salary)30%
CEO LTI target (% of salary)
Independent consultantnot disclosed
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-04-231,211,41320,07643,25495.03%Passed
20222022-04-271,223,55754,95039,84592.81%Passed
20192019-04-241,326,81523,91368,23993.51%Passed
20162016-04-271,231,114122,01522,98089.46%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-04-2395.03%a
20222022-04-2792.81%b
20192019-04-2493.51%c

a. Approved under the standard stated in the filing — “Abstentions will be counted as a vote cast and, thus, will have the same effect as a vote " AGAINST " Proposal Two.”.

b. Approved under the standard stated in the filing — “Abstentions will be counted as vote cast and, thus, will have the same effect as a vote against Proposal Three.”.

c. Approved under the standard stated in the filing — “Abstentions will be counted as a vote cast and, thus, will have the same effect as a vote against Proposal Two.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)7.96 : 1
CEO total compensation$416,546
Median employee compensation$52,305
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Robert K. BakerIndependent · Board Chair · Nominating (Chair) · Audit · Compensation$62,250$0$0$0$62,250
Cheryl M. KirkbrideIndependent · Audit (Chair) · Nominating58,00000058,000
Vikki G. BriggsIndependent · Nominating · Compensation55,50000055,500
Julian L. CoblentzIndependent · Compensation (Chair)53,25000053,250
Stephen E. SchilligIndependent · Audit52,50000021752,717
Eddie L. SteinerEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$18,000
Annual equity retainer$0
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)4,000 / 4,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$281,500
Equity awards (grant-date value)$0
All other compensation$217
Total cost of the board$281,717

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies CSB Bancorp, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including CSB Bancorp, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Middlefield Banc Corp.2024Ronald Zimmerly$475,000$513,292$0$192,913$1,263,438
2SB Financial Group2025Mark Klein505,819162,6850274,1571,040,425
3LCNB Corporation2025Eric Meilstrup500,00084,607068,750892,855
4Consumers Bancorp Inc.2025Ralph Lober II475,97800134,731801,716
5Ohio Valley Bancorp2025Larry Miller II392,169000702,007
6United Bancorp, Inc.2025Scott Everson510,28000137,117650,373
7CSB Bancorp, Inc.2025Eddie Steiner342,692000467,522

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
CSB Bancorp, Inc.not disclosednot disclosednot disclosednot disclosed
Consumers Bancorp Inc.not disclosedRSU 100NoBlanchard Consulting Group
LCNB Corporation14%RSU 100not disclosedBCG
Middlefield Banc Corp.not disclosednot disclosedYes — total shareholder return (TSR) percentile rankMeridian Compensation Partners, LLC
Ohio Valley Bancorpnot disclosedESOP 100not disclosednot disclosed
SB Financial Groupnot disclosedRSU 100not disclosedBlanchard Consulting Group (BCG)
United Bancorp, Inc.not disclosedRSU 100not disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Eddie SteinerDEF 14A2026-03-160001193125-26-108585Section “Summary Compensation Table”. As printed: 467,522. Filing ↗machine: t18 · r2 · c5 · span 329384–329392
2Section 01, Brett GallionDEF 14A2026-03-160001193125-26-108585Section “Summary Compensation Table”. As printed: 411,369. Filing ↗machine: t18 · r6 · c5 · span 339849–339856
3Section 01, Paula MeilerDEF 14A2026-03-160001193125-26-108585Section “Summary Compensation Table”. As printed: 314,683. Filing ↗machine: t18 · r4 · c5 · span 334605–334612
4Section 07, pay ratioDEF 14A2026-03-160001193125-26-108585Section “CEO Pay Ratio”. As printed: 7.96 : 1. Filing ↗
5Section 08, Robert K. BakerDEF 14A2026-03-160001193125-26-108585Section “Director Compensation”. As printed: 62,250. Filing ↗
6Section 08, Cheryl M. KirkbrideDEF 14A2026-03-160001193125-26-108585Section “Director Compensation”. As printed: 58,000. Filing ↗
7Section 08, Vikki G. BriggsDEF 14A2026-03-160001193125-26-108585Section “Director Compensation”. As printed: 55,500. Filing ↗
8Section 08, Julian L. CoblentzDEF 14A2026-03-160001193125-26-108585Section “Director Compensation”. As printed: 53,250. Filing ↗
9Section 08, Stephen E. SchilligDEF 14A2026-03-160001193125-26-108585Section “Director Compensation”. As printed: 52,717. Filing ↗
10Section 08, Eddie L. SteinerDEF 14A2026-03-160001193125-26-108585Section “Director Compensation”. As printed: 0. Filing ↗
11Section 02, Cheryl M. Kirkbride 2026-03-24Form 42026-03-270001193125-26-128757Insider equity transaction reported since the proxy statement. Filing ↗
12Section 02, Stephen E. Schillig 2026-04-30Form 42026-05-040001193125-26-203127Insider equity transaction reported since the proxy statement. Filing ↗
13Section 02, Cheryl M. Kirkbride 2026-06-23Form 42026-06-240001193125-26-281155Insider equity transaction reported since the proxy statement. Filing ↗
14Section 02, Margaret L. Conn 2026-07-31Form 42026-07-310001193125-26-327443Insider equity transaction reported since the proxy statement. Filing ↗
15Section 06, 2025 voteForm 8-K2025-04-240000950170-25-057974Item 5.07 · say-on-pay result. As reported: 95.03% (votes for as printed: 1,211,413). Filing ↗
16Section 06, 2022 voteForm 8-K2022-04-290001564590-22-016581Item 5.07 · say-on-pay result. As reported: 92.81%. Filing ↗
17Section 06, 2019 voteForm 8-K2019-04-260001193125-19-121938Item 5.07 · say-on-pay result. As reported: 93.51%. Filing ↗
18Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
19Section 09b board cost (computed)ComputedcomputedCash 281,500 + equity 0 + all other 217 = 281,717, summed across the director compensation table rows.machine: formula: Σ = 281,717
20Middlefield Banc Corp., Section 10b CEO totalDEF 14A2025-04-040001174947-25-000521CEO total compensation as printed in Middlefield Banc Corp.'s own proxy. As printed: 1,263,438. Filing ↗machine: r1 · c7 · span 147774–147783
21SB Financial Group, Section 10b CEO totalDEF 14A2026-03-060001213900-26-024511CEO total compensation as printed in SB Financial Group's own proxy. As printed: 1,040,425. Filing ↗machine: t67 · span 302297–302306
22LCNB Corporation, Section 10b CEO totalDEF 14A2026-03-120001437749-26-007964CEO total compensation as printed in LCNB Corporation's own proxy. As printed: 892,855. Filing ↗machine: r1 · c27 · span 546385–546392
23Consumers Bancorp Inc., Section 10b CEO totalDEF 14A2025-09-050001437749-25-028444CEO total compensation as printed in Consumers Bancorp Inc.'s own proxy. As printed: 801,716. Filing ↗machine: t40 · r1 · c33 · span 363383–363390
24Ohio Valley Bancorp, Section 10b CEO totalDEF 14A2026-04-020001140361-26-013025CEO total compensation as printed in Ohio Valley Bancorp's own proxy. As printed: 702,007. Filing ↗machine: t50 · r3 · c18 · span 229272–229279
25United Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-180001104659-26-030925CEO total compensation as printed in United Bancorp, Inc.'s own proxy. As printed: 650,373. Filing ↗machine: r1 · c53 · span 227672–227679
26CSB Bancorp, Inc. (subject), Section 10b CEO totalDEF 14A2026-03-160001193125-26-108585CEO total compensation as printed in CSB Bancorp, Inc.'s own proxy. As printed: 467,522. Filing ↗machine: t18 · r2 · c5 · span 329384–329392
27Section 10a, LCNB Corporation reciprocityDEF 14A0001437749-26-007964LCNB Corporation's most recent proxy was read; its disclosed peer group does not include CSB Bancorp, Inc.. Filing ↗
28Section 10a, Middlefield Banc Corp. reciprocityDEF 14A0001174947-25-000521Middlefield Banc Corp.'s most recent proxy was read; its disclosed peer group does not include CSB Bancorp, Inc.. Filing ↗
29Section 10a, SB Financial Group reciprocityDEF 14A0001213900-26-024511SB Financial Group names CSB Bancorp, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗