UNITED BANCORP INC /OH/
For the period ended Dec 31, 2024. Filed Mar 14, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 14, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 4. Mine Safety Disclosures
Not applicable.
Part II
Refer to Page 9, “Shareholder Information” of the 2024 Annual Report To Shareholders filed herewith as Exhibit 13 and refer to Page 31, Note 1 of the Notes to the Consolidated Financial Statements of the Company in the 2024 Annual Report To Shareholders for common stock trading ranges, cash dividends declared and information relating to dividend restrictions, which information is incorporated herein by reference. Additional disclosure regarding dividend restrictions is also included under Part I, Item 1 of this 10-K in the section captioned “Supervision and Regulation.”
ISSUER PURCHASES OF EQUITY SECURITIES
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| · · · · (c) · · (d) | |||||||||
| | | | | | | | Total Number of | | Maximum Number |
| | | | | | | | Shares (or Units) | | (or Approximate Dollar Value) of |
| · · (a) · · (b) · · Purchased as Part · · Shares (or Units) | |||||||||
| · · Total Number of · · Average Price · · of Publicly · · that May Yet Be | |||||||||
| · · Shares (or Units) · · Paid per Share · · Announced Plans · · Purchased Under the | |||||||||
| Period · Purchased · · (or Unit) · or Programs · Plans or Programs | |||||||||
| Month #l 10/1/2024 to 10/31/2024 | | — | | $— | | — | | — | |
| Month #2 11/1/2024 to 11/30/2024 | — | | | — | — | — | |||
| Month #3 12/1/2024 to 12/31/2024 | — | | — | — | — | ||||
| Total | — | | $— | — | — | ||||
Unregistered Sales of Equity Securities and Use of Proceeds
The Company adopted the United Bancorp, Inc. Affiliate Banks Directors and Officers Deferred Compensation Plan (the “Plan”), which is an unfunded deferred compensation plan. Amounts deferred pursuant to the Plan remain unrestricted assets of the Company, and the right to participate in the Plan is limited to members of the Board of Directors and Company officers. Under the Plan, directors or other eligible participants may defer fees and up to 50% of their annual cash incentive award payable to them by the Company, which are used by the Company to acquire common shares on the open market which are credited to a participant’s respective account. Except in the event of certain emergencies, no distributions are to be made from any account as long as the participant continues to be an employee or member of the Board of Directors. Upon termination of service, the aggregate number of shares credited to the participant’s account are distributed to him or her along with any cash proceeds credited to the account which have not yet been invested in the Company’s stock. During the quarter ended December 31, 2024, the Plan purchased no shares for allocation to participant accounts. All purchases under the Plan are funded with either earned director fees or officer incentive award payments. No underwriting fees, discounts, or commissions are paid in connection with the Plan. The shares allocated to participant accounts under the Plan have not been registered under the Securities Act of 1933 in reliance upon the exemption provided by Section 4(a)(2) thereof.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.