Form 4: Colony Bankcorp Director Receives Restricted Stock Award

Colony Bankcorp Director Scott Downing was granted 969 shares of common stock as a restricted stock award, increasing his total beneficial ownership to 227,817 shares.

Summary

• Scott Lowell Downing, a Director of Colony Bankcorp Inc. (CBAN), acquired 969 shares of common stock.
• The acquisition occurred on July 15, 2025.
• The shares were acquired as a Restricted Stock Award Grant.
• Following this transaction, Mr. Downing beneficially owns 227,817 shares of Colony Bankcorp, Inc. common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, particularly through a restricted stock award, generally indicates alignment of interests and confidence in the company's future performance.

Positives

• Director Scott Downing received a grant of 969 shares of common stock, indicating continued alignment of interests with shareholders.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Director Scott Downing's acquisition of 969 shares via a Restricted Stock Award Grant is a related party transaction, common for executive compensation.

Stakeholder Impact

• Shareholders: The increase in director ownership aligns management interests with shareholders, potentially signaling confidence in the company's future.

Key Dates

Keywords

Colony Bankcorp, CBAN, Form 4, Insider Trading, Restricted Stock Award, Stock Grant, Director Compensation, Scott Downing