Insider James Mangold Reveals 9.67% Stake Following $399,500 Purchase
EWSB sits 24% above its 52-week low of $8.45 on light trading volume (0.3× avg).
Summary
James and Sara Mangold disclosed a 9.67% stake in EWSB Bancorp, including a $399,500 purchase at $10/share in a subscription offering. The insider buy adds to recent capital-raising efforts and activist interest.
Key Events · Ownership and Investor Activity · EWSB
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Insider Stake Disclosed
James E. Mangold and Sara Mangold jointly report beneficial ownership of 98,068 shares, representing 9.67% of EWSB Bancorp's outstanding common stock.
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Recent $399,500 Purchase
On June 29, 2026, Mr. Mangold acquired 39,950 shares at $10 per share in a subscription offering, totaling $399,500. The purchase price was a slight discount to the current $10.50 market price.
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Insider Role and Context
Mr. Mangold serves as Vice President of Lending at East Wisconsin Savings Bank, the wholly-owned subsidiary of EWSB Bancorp. His purchase follows a $2.6 million private offering and an activist investor's 5.74% stake disclosure in recent weeks.
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Investment Intent
The filing states the shares are held for investment purposes, with the possibility of future acquisitions or dispositions using personal funds.
Analysis · EWSB · Finance
A newly disclosed 9.67% stake in EWSB Bancorp is now jointly controlled by James E. Mangold, Vice President of Lending at East Wisconsin Savings Bank, and his wife Sara. The position was built through a $399,500 subscription offering purchase on June 29 at $10 per share — a premium to the current $10.50 price, signaling conviction. This move follows a recent activist investor disclosure and a series of capital raises, suggesting insiders are aligning with external investors to shore up the bank's capital position.
At the time of this filing, EWSB was trading at $10.50 on OTC in the Finance sector. The 52-week trading range was $8.45 to $11.75. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.