Form 4: Community Trust Bancorp Director Acquires Shares
Statement of Changes in Beneficial Ownership
Community Trust Bancorp, Inc. director Anthony W. St. Charles reported the acquisition of 301 shares through the company's Dividend Reinvestment Plan.
Summary
- Director Anthony W. St. Charles acquired 301 shares of Community Trust Bancorp, Inc. (CTBI) common stock.
- The acquisition occurred on April 28, 2026, with a transaction price of $66.46 per share.
- These shares were acquired under the Community Trust Bancorp, Inc. Dividend Reinvestment Plan (DRIP).
- Following this transaction, Mr. St. Charles beneficially owns 720.4498 shares directly.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates insider confidence through share acquisition, but it is a routine transaction via a DRIP and does not represent a major strategic move.
Positives
- Director's increased ownership in the company, indicating confidence.
- Acquisition made through a Dividend Reinvestment Plan, suggesting reinvestment of earnings.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that director share acquisitions, particularly through DRIPs, are common within the community banking sector as a way for insiders to increase their stake and signal confidence in the company's stability and growth prospects.
Stakeholder Impact
- Shareholders may view this as a positive signal of insider confidence in the company's performance and future prospects.
- Employees participating in the DRIP may see this as a validation of the company's dividend policy and reinvestment strategy.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Dividend Reinvestment Plan (DRIP) transaction detail. |
| 04/01/2026 | Dividend Reinvestment Plan (DRIP) transaction detail. |
| 04/28/2026 | Transaction date for the acquisition of common stock. |
| 04/29/2026 | Date of signature for the filing. |
Keywords
Community Trust Bancorp, CTBI, Form 4, SEC Filing, Director, Share Acquisition, Dividend Reinvestment Plan, Beneficial Ownership
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