4/A: Community Trust Bancorp Executive Vice President Amends Form 4 Filing
SEC Filing (Form 4 Amendment)
David I. Tackett, Executive Vice President of Community Trust Bancorp, files an amended Form 4 to correct an error in a previous filing regarding the reporting of vested shares.
Summary
- David I. Tackett, an Executive Vice President at Community Trust Bancorp, filed an amended Form 4 with the SEC.
- The amendment corrects an error in the original Form 4 filed on January 29, 2024, which incorrectly reported the vesting of 112 shares on January 25, 2024, 23 shares on January 26, 2024, and 47 shares on January 26, 2024.
- The amended form clarifies that the vesting of these shares should not have been reported as separate line items.
- The corrected filing shows a total holding of 7,991.2941 common shares, comprising 5,938 restricted shares and 2,053.2941 regular shares (which includes the vesting of the 112, 23, and 47 shares).
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't indicate any significant positive or negative news, but transparency is generally viewed favorably.
Industry Context
Form 4 filings are a routine part of insider trading regulations, ensuring transparency in the market regarding the buying and selling of company stock by its officers and directors.
Stakeholder Impact
- The correction of the Form 4 filing promotes transparency for shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/25/2024 | Date of earliest transaction; also, date of incorrect reporting of vesting of 112 shares in original filing. |
| 01/26/2024 | Date of incorrect reporting of vesting of 23 and 47 shares in original filing. |
| 01/29/2024 | Date of original Form 4 filing containing the error. |
| 08/09/2024 | Date of amended Form 4 filing. |
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