Form 4: Community Trust Bancorp Executive Gifts Shares Under Pre-Arranged Plan

Andy D. Waters, Executive Vice President of Community Trust Bancorp Inc., reported gifting 341 shares of common stock valued at $53.98 per share under a Rule 10b5-1 plan.

Summary

• Andy D. Waters, an Executive Vice President and Director of Community Trust Bancorp Inc. (CTBI), reported a disposition of common stock.
• On July 31, 2025, Waters gifted 341 shares of CTBI common stock.
• The shares were valued at $53.98 per share for the purpose of the transaction.
• This transaction was conducted under a pre-arranged Rule 10b5-1 plan.
• Following the transaction, Waters directly holds 1,550 shares and 1,660 shares of common stock, and indirectly holds 7,798.2856 shares through an Employee Stock Ownership Plan (ESOP).

Sentiment

Score: 5

Explanation: Neutral. A routine disclosure of an executive gifting shares under a pre-arranged plan. It does not reflect positively or negatively on the company's operational or financial performance.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-arranged, compliant disposition.

Negatives

• A reduction in direct beneficial ownership by an executive, though through a gift rather than a sale.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders due to the small number of shares involved relative to the company's total outstanding shares.
• No direct impact on employees, customers, suppliers, or creditors from this specific transaction.

Key Dates

Keywords

Community Trust Bancorp, CTBI, Andy D. Waters, SEC Form 4, Insider Transaction, Stock Gift, Executive Compensation, Rule 10b5-1, Beneficial Ownership