Form 4: Community Trust Bancorp CEO Mark Gooch Reports Stock Transactions

Community Trust Bancorp's CEO, Mark Gooch, reported acquiring and disposing of company stock on January 28, 2025, according to a recent SEC filing.

Summary

• Mark A. Gooch, the Chairman, President, and CEO of Community Trust Bancorp, reported transactions involving the company's common stock.
• On January 28, 2025, Mr. Gooch acquired 2,561 shares of common stock at a price of $0.
• On the same day, he disposed of 2,500 shares of common stock.
• Following these transactions, Mr. Gooch directly owns 34,399 shares of common stock.
• He also indirectly owns 23,298.5042 shares through an ESOP and 26,827.815 shares through a 401k.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of key personnel.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for publicly traded companies in the United States.
• The reported transactions are typical for executives who may receive stock options or have company stock as part of their compensation packages.
• The level of detail provided in the filing is consistent with regulatory requirements.

Stakeholder Impact

• The stock transactions may have a minor impact on the company's stock price, but are unlikely to cause significant fluctuations.
• The filing provides transparency to shareholders regarding insider trading activity.

Key Dates

Keywords

Community Trust Bancorp, CTBI, Mark Gooch, stock transactions, SEC Form 4, insider trading, equity securities, beneficial ownership, ESOP, 401k