4/A: Community Trust Bancorp Executive Vice President Amends Form 4 Filing to Correctly Report Stock Ownership

Andy D. Waters, Executive Vice President of Community Trust Bancorp, files an amended Form 4 to correct inaccuracies in the original filing regarding stock ownership, specifically addressing shares held in a brokerage account and restricted stock vesting.

Summary

• Andy D. Waters, 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 24, 2024, which incorrectly reported the purchase of 283 shares of common stock.
• The amended form clarifies that the 2,708 shares reported include 283 shares of restricted stock that vested and 621 shares held in a brokerage account.
• The reporting person directly owns 2,708 shares of common stock and indirectly owns 6,902.2065 shares through an ESOP.
• The holdings listed in Row 1 of Table I of this Form 4 amendment are not new or revised.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing (Form 4 amendment) to correct a previous error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The correction of the error is a positive sign of compliance.

Negatives

• The original Form 4 filed on January 24, 2024, contained inaccuracies regarding the purchase of 283 shares of common stock.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. Amendments, like this one, highlight the importance of accurate reporting and compliance with SEC rules.

Stakeholder Impact

• The correction of the Form 4 filing ensures accurate information is available to shareholders regarding insider stock ownership.

Key Dates