Form 4: Colony Bankcorp CIO Daniel Rentz Receives Restricted Stock Award
Insider Transaction Report
Colony Bankcorp's Chief Information Officer, Daniel Rentz, acquired 932 shares of common stock through a restricted stock award grant on July 15, 2025.
Summary
- Daniel Rentz, Chief Information Officer of Colony Bankcorp Inc. (CBAN), acquired 932 shares of common stock.
- The acquisition occurred on July 15, 2025, as a Restricted Stock Award Grant.
- Following this transaction, Daniel Rentz directly beneficially owns 7,487.33 shares, which includes shares acquired through a dividend reinvestment plan.
- Additionally, Daniel Rentz indirectly owns 2,909.79 shares through a 401k plan, which includes company match, reinvested dividends, and salary deferral.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 7
Explanation: The acquisition of shares by a key officer through a restricted stock award is generally a positive signal, indicating management's vested interest in the company's performance and aligning their interests with shareholders. The use of a 10b5-1 plan also suggests a structured approach to equity compensation.
Positives
- An officer, Daniel Rentz, received a restricted stock award, indicating continued alignment of management interests with shareholder value.
- The transaction was executed under a Rule 10b5-1(c) plan, suggesting a pre-planned and systematic approach to equity compensation.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Acquisition of 932 shares by Chief Information Officer Daniel Rentz through a Restricted Stock Award Grant, which is a standard compensation-related transaction between the company and an executive.
Stakeholder Impact
- Shareholders: Increased alignment of the Chief Information Officer's interests with shareholders due to increased equity ownership.
- Employees: Standard equity compensation practices may signal stability and competitive compensation.
Key Dates
| Date | Description |
|---|---|
| 07/15/2025 | Date of earliest transaction (acquisition of 932 shares) |
| 07/18/2025 | Date of filing/signature by reporting person's attorney-in-fact |
Recommendation
holdKeywords
Colony Bankcorp, CBAN, Daniel Rentz, Restricted Stock Award, Insider Trading, SEC Form 4, Equity Compensation, Officer Stock Acquisition, 10b5-1 Plan
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