4/A: Community Trust Bancorp Executive Vice President Corrects Transaction Code in Form 4 Amendment

Sentiment:

SEC Form 4 Amendment


Andy D. Waters, Executive Vice President of Community Trust Bancorp, files an amended Form 4 to correct a transaction code error related to a sale of common stock.

Summary

  • Andy D. Waters, an Executive Vice President at Community Trust Bancorp Inc, filed an amendment to a Form 4.
  • The amendment, dated August 5, 2024, corrects an error in the original filing from July 25, 2024.
  • The error involved a transaction on July 19, 2024, where 75 shares of common stock were sold at $48.75 per share.
  • The original filing incorrectly reported the transaction code as 'A' (Acquired) instead of 'S' (Sold).
  • Following the corrected transaction, Waters beneficially owns 7,322 shares of Community Trust Bancorp common stock directly.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. Amendments are sometimes necessary to correct errors in the original filings.

Stakeholder Impact

  • The correction of the Form 4 filing ensures accurate information is available to shareholders and the public.

Key Dates

DateDescription
07/19/2024Date of the stock transaction (sale of 75 shares).
07/25/2024Date of the original Form 4 filing with the incorrect transaction code.
08/02/2024Date the error was identified.
08/05/2024Date of the amended Form 4 filing.

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