4/A: Community Trust Bancorp Executive Corrects Stock Ownership Report
SEC Filing (Form 4 Amendment)
David Andrew Jones, Executive Vice President of Community Trust Bancorp, files an amended Form 4 to correct a previous report regarding the vesting of common stock shares.
Summary
- David Andrew Jones, 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 regarding the vesting of 280 shares of common stock on January 24, 2024.
- The corrected filing consolidates previously separated line items to accurately reflect a direct holding of 9,078.2607 shares of common stock.
- The filing also indicates indirect ownership through an ESOP (11,556.0103 shares) and a 401k (3,131.595 shares).
Sentiment
Score: 7
Explanation: The document is a routine correction of a regulatory filing, indicating standard corporate governance procedures. The sentiment is neutral to slightly positive as it reflects transparency and adherence to regulations.
Industry Context
Form 4 filings are a routine part of insider trading regulations, ensuring transparency in stock ownership by company executives and directors.
Stakeholder Impact
- The correction of the Form 4 filing ensures accurate information is available to shareholders regarding executive stock ownership.
- This promotes transparency and trust in the company's governance.
Key Dates
| Date | Description |
|---|---|
| 01/24/2024 | Date of earliest transaction (vesting of shares). |
| 01/25/2024 | Date of original Form 4 filing that contained an error. |
| 01/29/2024 | Date of the amended Form 4 filing. |
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