Form 4: Colony Bankcorp Officer Reports Stock Transactions
SEC Form 4 Filing
R. Dallis Copeland Jr., President of Colony Bankcorp, reports the disposition of shares for tax liability and holdings in a 401(k).
Summary
- On January 1, 2025, R. Dallis Copeland Jr., President of Colony Bankcorp Inc., reported a transaction involving Colony Bankcorp common stock.
- Copeland disposed of 827 shares at a price of $16.14 to cover tax liabilities related to stock vesting.
- Following the transaction, Copeland directly owns 22,491 shares of Colony Bankcorp common stock.
- Copeland also indirectly owns 3,793 shares through a 401(k) plan, which includes shares acquired through company match, reinvested dividends, and salary deferral.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company officer, which is standard practice in publicly traded companies to ensure transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an officer for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of stock transaction (disposal of shares for tax liability). |
| 01/06/2025 | Date of signature for the report. |
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