4/A: Community Trust Bancorp Executive Corrects Stock Ownership Report
SEC Filing (Form 4/A)
Kevin J. Stumbo, Executive Vice President of Community Trust Bancorp, files an amended Form 4 to correct a previous report regarding dividend reinvestment plan (DRIP) shares.
Summary
- Kevin J. Stumbo, an Executive Vice President at Community Trust Bancorp, filed an amended Form 4 with the SEC.
- The amendment corrects an error in a previous filing on July 17, 2023, which incorrectly reported DRIP shares acquired on April 3, 2023, and July 3, 2023, as private purchases.
- The corrected filing shows a total holding of 4,838.5697 common shares, including 2,558 restricted shares and 2,280.5697 regular shares (which includes both DRIPs).
Sentiment
Score: 7
Explanation: The document is a routine correction of a filing, indicating standard corporate governance procedures. There is no indication of financial distress or other negative factors.
Negatives
- A previous filing contained an error regarding the reporting of DRIP shares.
Industry Context
Form 4 filings are a routine part of insider trading regulations, ensuring transparency in stock ownership by company executives.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/03/2023 | Date of earliest transaction (DRIP shares acquired). |
| 07/03/2023 | DRIP shares acquired. |
| 07/17/2023 | Date of original Form 4 filing with incorrect information. |
| 08/09/2024 | Date of amended Form 4 filing. |
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