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

Mark Edward Smith, Executive Vice President of Community Trust Bancorp, files an amended Form 4 to correct errors in a previous report regarding stock acquisitions and vesting.

Summary

• Mark Edward Smith, an Executive Vice President at Community Trust Bancorp, filed an amended Form 4 on August 22, 2024, to correct inaccuracies in a previous filing from January 25, 2024.
• The original Form 4 incorrectly reported 6.0223 dividend reinvestment plan (DRIP) shares and 91 vested shares as purchases.
• The amended form clarifies that the 2,500 retention restricted stock units were an award, not a purchase.
• The corrected filing shows a total of 6,261.8157 shares beneficially owned, including 589 restricted shares, 672.8157 regular shares, and 5,000 retention restricted shares.
• On January 23, 2024, Smith acquired 2,500 shares of common stock at a price of $41.29 per share.

Sentiment

Score: 6

Explanation: The document is neutral, focusing on correcting a previous error in a regulatory filing. It doesn't contain information that would significantly impact investor sentiment.

Negatives

• The initial Form 4 contained errors, requiring an amendment.

Industry Context

This filing is a routine regulatory requirement for corporate insiders, ensuring transparency in their trading activities.

Stakeholder Impact

• The correction ensures accurate information is available to shareholders and potential investors.

Key Dates