Form 4: Capital City Bank Group Director Increases Stake Through Stock and Dividend Reinvestment Plans

Capital City Bank Group Director Robert Antoine acquired additional common stock through the company's Director Stock Purchase Plan and Dividend Reinvestment Plan, increasing his beneficial ownership.

Summary

• Director Robert Antoine acquired 14 shares of Capital City Bank Group Inc. (CCBG) common stock on July 8, 2025, through the Director Stock Purchase Plan (DSPP) at a reported price of $0 per share.
• An additional 7 shares were acquired directly through CCBG's Dividend Reinvestment Plan (DRIP) since the reporting person's last Form 4 filing.
• An additional 98 shares were acquired indirectly through CCBG's DRIP via a Joint Trust Account with Spouse since the reporting person's last Form 4 filing.
• Following these transactions, Robert Antoine directly beneficially owns 1,225 shares of common stock.
• He indirectly beneficially owns 15,433 shares of common stock through a Joint Trust Account with his spouse.
• Both the DSPP and DRIP acquisitions are exempt from the short-swing profit provisions of Section 16 of the Securities Exchange Act of 1934.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. While the transaction amounts are small, a director increasing their stake, even through structured plans, generally indicates confidence in the company. There are no negative disclosures.

Positives

• Director Robert Antoine increased his beneficial ownership in Capital City Bank Group Inc. (CCBG) through structured stock purchase and dividend reinvestment plans, indicating continued confidence in the company.
• The acquisitions were made through established plans (DSPP and DRIP), which are often viewed as a positive sign of long-term commitment and alignment with shareholder interests.
• The transactions are exempt from short-swing profit provisions, simplifying compliance for the insider.

Future Outlook

The filing does not provide forward-looking statements or guidance, as it is a report of past insider transactions.

Industry Context

Insider purchases, even small ones through structured plans, can signal management's confidence in the company's future performance within the financial services sector. Such transactions are routine disclosures for publicly traded banks and financial institutions, demonstrating ongoing commitment.

Comparison to Industry Standards

• Form 4 filings are standard regulatory disclosures for insider transactions across all industries, including financial services.
• The acquisition of shares through a Director Stock Purchase Plan and Dividend Reinvestment Plan is a common practice for corporate directors to increase their stake and align interests with shareholders.
• While the specific amounts acquired are relatively small, the consistent participation in such plans is typical for long-term board members in financial institutions like Capital City Bank Group, demonstrating ongoing commitment rather than a speculative trade.

Stakeholder Impact

• Shareholders: The increase in director ownership may be viewed positively as it aligns management's interests with those of shareholders, potentially signaling confidence in future performance.
• Employees, Customers, Suppliers, Creditors: No direct impact is indicated by this specific filing.

Next Steps

• The document does not specify future actions or milestones beyond the reported transaction.

Key Dates

Keywords

Capital City Bank Group, CCBG, Robert Antoine, Director Stock Purchase Plan, Dividend Reinvestment Plan, Insider Trading, Form 4, SEC Filing, Stock Acquisition, Beneficial Ownership, Corporate Governance, Rule 10b5-1