4/A: Community Trust Bancorp Executive Corrects Stock Ownership in Amended SEC Filing

An amended SEC filing reveals a correction in the reported stock ownership of Community Trust Bancorp's EVP, CFO, and Treasurer, Kevin J. Stumbo.

Summary

• This document is an amended SEC Form 4, filed by Kevin J. Stumbo, EVP, CFO, and Treasurer of Community Trust Bancorp Inc.
• The amendment corrects a previous filing from December 16, 2024, regarding the number of shares beneficially owned.
• The original filing incorrectly stated the amount of securities beneficially owned, omitting 1,718 restricted stock shares.
• The corrected total amount of common stock beneficially owned by Mr. Stumbo is 4,841.9997 shares.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, which is neither positive nor negative. The correction is a good sign of transparency.

Industry Context

This type of filing is standard for corporate insiders and is required by the SEC to ensure transparency in stock ownership.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The correction of errors in these filings is also a common occurrence, highlighting the importance of accurate reporting.
• Similar filings are made by executives at comparable financial institutions such as First Financial Bancorp and WesBanco, Inc.

Stakeholder Impact

• The correction ensures accurate information for shareholders regarding insider ownership.
• This filing promotes transparency and trust in the company's reporting practices.

Key Dates

Keywords

SEC Form 4, beneficial ownership, stock ownership, amendment, Community Trust Bancorp, Kevin J. Stumbo, restricted stock, CFO, treasurer