4/A: Community Trust Bancorp Executive Vice President Corrects Stock Transaction Report
SEC Filing (Form 4 Amendment)
Billie J. Dollins, Executive Vice President of Community Trust Bancorp, files an amended Form 4 to correct a previous report regarding a stock transaction.
Summary
- Billie J. Dollins, an Executive Vice President at Community Trust Bancorp, filed an amended Form 4 on August 1, 2024, to correct a previous filing from January 25, 2023.
- The original Form 4 incorrectly reported the purchase of 395 shares of Common Stock as a private purchase or open market transaction.
- The corrected filing clarifies that these 395 shares were actually restricted stock awarded to her.
- The corrected filing shows that on January 24, 2023, Dollins acquired 395 shares of Common Stock at $42.31 per share.
- Following the reported transaction, Dollins directly owns 6,294 shares of Common Stock and indirectly owns 1,778.4912 shares through an ESOP.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The correction itself is a positive sign of diligence.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. Correcting errors in these filings is important for maintaining regulatory compliance and investor confidence.
Stakeholder Impact
- The correction of the Form 4 filing ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 01/24/2023 | Date of the stock transaction (award of restricted stock). |
| 01/25/2023 | Date of the original, incorrect Form 4 filing. |
| 08/01/2024 | Date of the amended Form 4 filing. |
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