4/A: Community Trust Bancorp Executive Exercises Stock Options, Amends Previous Filing
SEC Form 4/A
David Andrew Jones, Executive Vice President of Community Trust Bancorp, exercised stock options and amended a previous filing to correct the exercise price and total direct holdings.
Summary
- David Andrew Jones, an Executive Vice President at Community Trust Bancorp INC /KY/, exercised employee stock options on July 22, 2024.
- The transaction involved the exercise of options to purchase 10,000 shares of common stock at a price of $32.27 per share.
- This transaction is reported on a Form 4/A, which amends a previous filing made on July 23, 2024, to correct the exercise price and the total direct holdings.
- Following the transaction, Jones directly holds 18,052.3217 shares of common stock.
- The options were exercisable on July 22, 2024, and expire on January 27, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock option exercises, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the increase in outstanding shares, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 07/19/2024 | Date of Earliest Transaction |
| 07/22/2024 | Date of options exercise |
| 07/22/2024 | Date options became exercisable |
| 07/23/2024 | Date of Original Filed Form 4 |
| 01/27/2025 | Expiration date of the exercised options |
| 08/07/2024 | Date of Form 4/A filing |
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