Form 4: Colony Bankcorp EVP Leonard H. Bateman JR Reports Changes in Beneficial Ownership
SEC Filing
Leonard H. Bateman JR, EVP & Chief Credit Officer of Colony Bankcorp, reports changes in beneficial ownership of company stock due to tax liability and dividend reinvestment.
Summary
- On July 2, 2024, Leonard H. Bateman JR, EVP & Chief Credit Officer of Colony Bankcorp Inc, filed a Form 4 with the SEC.
- The filing reports changes in beneficial ownership of Colony Bankcorp common stock.
- Bateman relinquished 1,252 shares for tax liability related to stock vesting at a price of $12.15 per share.
- Following the transaction, Bateman directly owns 14,133 shares of Colony Bankcorp common stock.
- Bateman also indirectly owns 11,245.19 shares through a 401(k) plan, which includes shares acquired through company match and reinvested dividends.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their impact on stock ownership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 07/02/2024 | Date of earliest transaction and filing date. |
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