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

David Andrew Jones, Executive Vice President of Community Trust Bancorp, files an amended Form 4 to correct a previously reported stock transaction.

Summary

• David Andrew Jones, an Executive Vice President at Community Trust Bancorp, filed an amended Form 4 on July 29, 2024, to correct an error in a previous filing from January 25, 2023.
• The original Form 4 incorrectly reported a purchase of 1,121 shares of Common Stock.
• The amended form clarifies that the 8,052.3217 shares reported include 1,121 shares of restricted stock awarded on January 24, 2023, as well as 934 restricted shares and 5997.3217 regular shares held at Broadridge.
• The filing also details Mr. Jones's beneficial ownership of Community Trust Bancorp stock, including shares held directly, through an ESOP (10,500.7821 shares), and through a 401k (2,958.6828 shares).

Sentiment

Score: 7

Explanation: The document is a routine correction of a regulatory filing. While it indicates a previous error, the correction itself is a positive step towards transparency. The sentiment is neutral to slightly positive.

Negatives

• The original Form 4 contained an error regarding the purchase of Common Stock, requiring an amendment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, ensuring transparency in stock transactions by company executives and other insiders.

Stakeholder Impact

• The correction of the Form 4 filing ensures accurate information is available to shareholders and the public.

Key Dates