4/A: Community Trust Bancorp Executive Corrects Stock Ownership Report

Sentiment:

SEC Filing


David I. Tackett, Executive Vice President of Community Trust Bancorp, amends a previous Form 4 filing to correct the reporting of vested common shares.

Summary

  • David I. Tackett, an Executive Vice President at Community Trust Bancorp, filed an amended Form 4 to correct a previous report.
  • The original filing on January 24, 2024, inadvertently reported the vesting of 229 common shares as a separate line item.
  • The corrected Form 4 clarifies that the 229 vested shares are already included in the total holding of 7,991.2941 shares, which consists of 6,120 restricted shares and 1,871.2941 regular shares.

Sentiment

Score: 7

Explanation: The document is a correction of a previous filing, indicating a neutral event. The correction ensures accurate reporting, which is a positive aspect of corporate governance.

Negatives

  • The initial Form 4 filing contained an error, requiring an amendment.

Stakeholder Impact

  • The correction of the Form 4 filing ensures that shareholders and potential investors have accurate information regarding the executive's stock ownership.

Key Dates

DateDescription
01/24/2024Date of original Form 4 filing which contained an error.
01/24/2024Date of transaction that was reported incorrectly in the original filing.
08/09/2024Date of the amended Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.