Form 4: Colony Bankcorp Executive Kimberly Dockery Receives Significant Stock Award

Colony Bankcorp Inc.'s Chief of Staff and EVP, Kimberly C. Dockery, was granted 2,429 shares of common stock as a restricted stock award, increasing her total beneficial ownership to over 44,000 shares.

Summary

• Kimberly C. Dockery, Chief of Staff and EVP of Colony Bankcorp Inc. (CBAN), acquired 2,429 shares of common stock on July 15, 2025.
• This acquisition was a Restricted Stock Award Grant.
• Following this transaction, Dockery directly beneficially owns 33,178.4 shares, which includes shares acquired through reinvested dividends and salary deferral.
• Additionally, Dockery indirectly beneficially owns 11,210.09 shares through a 401(K) plan, which includes shares from 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 executive through a restricted stock award is generally a positive signal, indicating alignment of interests and potential confidence in the company's future. It's a standard compensation practice.

Positives

• The grant of 2,429 shares as a restricted stock award aligns management's interests with shareholder value.
• Increased insider ownership demonstrates confidence in the company's future performance.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged, compliant transaction.

Industry Context

This transaction is a routine disclosure of executive compensation in the banking sector, reflecting standard practices for aligning executive incentives with company performance.

Comparison to Industry Standards

• Executive stock awards are a common form of compensation in the financial services industry, aligning management incentives with long-term shareholder value.
• While specific comparable companies or projects are not detailed in this Form 4, such grants are standard practice across publicly traded banks and financial institutions.

Stakeholder Impact

• Shareholders: The increase in insider ownership can be viewed positively as it aligns management's financial interests with those of shareholders, potentially fostering long-term value creation.
• Employees: The compensation structure for executives may influence overall employee morale and retention strategies.

Key Dates

Recommendation

Keywords

Colony Bankcorp, CBAN, SEC Form 4, Insider Trading, Stock Award, Restricted Stock, Executive Compensation, Kimberly C. Dockery, Beneficial Ownership, Financial Services, Banking