Form 4: Colony Bankcorp Executive VP Lee Bagwell Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive VP Lee Bagwell reports changes in beneficial ownership of Colony Bankcorp stock due to tax liability, reinvested dividends, salary deferral, and 401k contributions.
Summary
- On July 2, 2024, Lee Bagwell, Executive VP of Colony Bankcorp, reported changes in beneficial ownership of the company's common stock.
- Bagwell relinquished 1,252 shares for tax liability related to stock vesting at a price of $12.15 per share.
- Following the transaction, Bagwell directly owns 15,746.38 shares.
- Bagwell also indirectly owns 19,355.98 shares through a 401k.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in stock ownership, which carries a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track changes in ownership and potential alignment of interests.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- The transaction has a minor impact on the overall share structure of the company.
Key Dates
| Date | Description |
|---|---|
| 07/02/2024 | Date of transaction and report filing. |
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