Form 4: Colony Bankcorp Executive VP Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive VP Lee Bagwell reports changes in beneficial ownership of Colony Bankcorp stock, including acquisitions through reinvested dividends, salary deferral, and 401k company match.
Summary
- Lee Bagwell, Executive VP of Colony Bankcorp, filed a Form 4 detailing changes in beneficial ownership of the company's common stock.
- The report indicates that Bagwell directly owns 18,945.65 shares of Colony Bankcorp common stock.
- Bagwell also indirectly owns 20,677.957 shares through a 401k.
- These holdings include shares acquired through reinvested dividends, salary deferral, and 401k company match.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in stock ownership, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates routine accumulation of shares through compensation and benefit programs.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider stock ownership.
- Employees participating in the 401k plan are indirectly impacted by the company match and reinvested dividends.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of earliest transaction and signature date. |
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