Form 4: Colony Bankcorp CFO Reports Stock Transactions

Colony Bankcorp CFO Derek Shelnutt reported transactions involving company common stock, including acquisitions and dispositions.

Summary

• Derek Shelnutt, CFO of Colony Bankcorp Inc. (CBAN), filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On July 1, 2026, Shelnutt acquired 1,018 shares of common stock, with a transaction code 'F', at a price of $20.49 per share.
• This acquisition resulted in 11,152 shares being directly beneficially owned by Shelnutt.
• Additionally, Shelnutt beneficially owns 6,446 shares indirectly through a 401k plan, which includes company match, reinvested dividends, and salary deferrals.
• The filing also notes that 1,018 shares were relinquished for tax liability related to stock vesting.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, reflecting routine insider transactions including both acquisitions and dispositions for tax purposes, without strong indicators of significant positive or negative sentiment.

Positives

• The CFO directly acquired additional shares of Colony Bankcorp common stock.
• The CFO's indirect ownership through a 401k plan indicates continued investment in the company's long-term growth, benefiting from company match, reinvested dividends, and salary deferrals.

Negatives

• 1,018 shares were relinquished for tax liability related to stock vesting, representing a disposition of shares.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and provide transparency into the holdings and activities of company executives and directors. This filing indicates continued executive engagement with the company's stock.

Stakeholder Impact

• Shareholders: Increased transparency into insider holdings and transactions, potentially influencing investor confidence.
• Employees: Indirect benefit through the CFO's continued investment and participation in the 401k plan.
• Management: Standard reporting requirement for executive stock ownership.

Key Dates

Keywords

Form 4, SEC Filing, Colony Bankcorp, CBAN, Derek Shelnutt, CFO, Stock Transaction, Beneficial Ownership, Common Stock, Insider Trading