Charles D. Schmalz, along with his spouse Dana Schmalz, disclosed a 9.9% stake in EWSB Bancorp, Inc. common stock. The couple bought shares in a June 29, 2026 subscription offering and filed a Schedule 13D on July 28, 2026. The move places a local bank leader and his spouse just under the 10% threshold at the parent of East Wisconsin Savings Bank.
Investor Intent
The couple holds the shares for investment and may buy more or sell in the future. They state the stock is “held for investment purposes,” and they set “no present plans” to push for changes such as mergers, asset sales, or board moves.
Charles and Dana Schmalz bought the shares with personal funds and did not enter any agreements that would give them special rights. They plan no governance or control actions at this time.
Investor's Background
Charles D. Schmalz serves as President, Chief Executive Officer, and a Director of East Wisconsin Savings Bank, a community bank based in Kaukauna, Wisconsin. He focuses on local banking operations and prudent, long-term stewardship. Dana Schmalz is retired and invests alongside her spouse using personal funds.
Original SEC Filing:
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