Form 4: Colony Bankcorp Director Matthew Reed Reports Share Acquisition via Restricted Stock Award

Colony Bankcorp Inc. Director Matthew D. Reed reported the acquisition of 969 shares of common stock through a restricted stock award grant on July 15, 2025, increasing his direct beneficial ownership to 16,736 shares.

Summary

• Matthew D. Reed, a Director of Colony Bankcorp Inc. (CBAN), acquired 969 shares of the company's common stock on July 15, 2025.
• This acquisition was identified as a Restricted Stock Award Grant.
• Following this transaction, Matthew D. Reed's direct beneficial ownership of Colony Bankcorp common stock totals 16,736 shares.
• This total includes shares previously acquired through a dividend reinvestment plan.
• Additionally, Matthew D. Reed indirectly beneficially owns 448 shares of Colony Bankcorp common stock through an IRA for Kennedy K Reed.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, especially through a restricted stock award, generally indicates confidence in the company's future and aligns insider interests with shareholders, which is a positive signal.

Positives

• Director Matthew D. Reed acquired 969 shares of common stock, indicating alignment of interests with shareholders.
• The acquisition was through a Restricted Stock Award Grant, a common form of equity compensation that incentivizes long-term performance.
• The director's total direct beneficial ownership increased to 16,736 shares, demonstrating continued commitment to the company.

Future Outlook

The filing reports a completed acquisition of shares by a director on July 15, 2025, reflecting a recent equity compensation event.

Industry Context

This Form 4 filing is a routine disclosure of an insider's equity compensation, common across all publicly traded companies, particularly in the financial sector like Colony Bankcorp, where executive and director compensation often includes stock awards to align interests with long-term company performance.

Related Party Transactions

• The indirect beneficial ownership of 448 shares through an IRA for Kennedy K Reed is disclosed, which is a related party holding.

Stakeholder Impact

• Shareholders: The acquisition of shares by a director aligns their interests with those of shareholders, potentially signaling confidence in the company's future performance.

Key Dates

Keywords

Colony Bankcorp, CBAN, Matthew D. Reed, Director, SEC Form 4, Insider Trading, Restricted Stock Award, Equity Compensation, Share Acquisition, Beneficial Ownership