4/A: Community Trust Bancorp Executive Vice President Andy D. Waters Amends Form 4 to Correctly Report Stock Sales

Sentiment:

SEC Form 4/A


Andy D. Waters, Executive Vice President of Community Trust Bancorp, files an amended Form 4 to report an inadvertently omitted stock sale from a previous filing.

Summary

  • Andy D. Waters, an Executive Vice President at Community Trust Bancorp INC /KY/ [CTBI], filed an amended Form 4 with the SEC.
  • The amendment corrects an omission in the original Form 4 filed on July 22, 2024, and amended on July 25, 2024.
  • The omitted transaction was a sale of common stock on July 19, 2024.
  • The amendment reports the omitted transaction and Column 5 correctly reports the number of securities beneficially owned through direct ownership immediately following the omitted transaction.
  • Waters sold multiple blocks of common stock on July 19, 2024, at prices ranging from $48.61 to $48.83.
  • Following these transactions, Waters directly owns 3,955 shares of Community Trust Bancorp stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a previous omission. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its leadership.

Stakeholder Impact

  • The amendment provides shareholders with a more accurate view of insider trading activity.
  • The correction ensures compliance with SEC regulations.

Key Dates

DateDescription
07/19/2024Date of the stock sale transactions.
07/22/2024Date of the original Form 4 filing.
07/25/2024Date of the first amendment to the Form 4 filing.
08/02/2024Date of the current amended Form 4 filing.

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