Form 4: Community Trust Bancorp Executive Vice President James B. Draughn Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Executive Vice President of Community Trust Bancorp, James B. Draughn, reports the acquisition and disposal of company stock, including shares held indirectly through ESOP and 401K plans.

Summary

  • James B. Draughn, an Executive Vice President at Community Trust Bancorp, reported several transactions involving the company's common stock.
  • On January 28, 2025, Mr. Draughn acquired 1,000 shares of common stock at a price of $0.
  • He also disposed of 2,980 shares of common stock.
  • Additionally, 1,528 shares were disposed of.
  • Mr. Draughn indirectly holds 1,443.2369 shares through an ESOP and 502.0237 shares through a 401K plan.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by an executive, and does not indicate any positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting their transactions in company stock. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

  • Form 4 filings are a standard practice for all publicly traded companies in the United States.
  • The transactions reported are typical for executives who may receive stock options or participate in company stock purchase plans.
  • The level of detail provided is consistent with SEC requirements for insider trading disclosures.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into executive trading activity.
  • The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
01/28/2025Date of the reported stock transactions.
01/29/2025Date of signature on the report.

Keywords

stock transactions, insider trading, executive compensation, common stock, ESOP, 401K, Community Trust Bancorp, CTBI

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