4/A: Community Trust Bancorp Executive Vice President Reports Sale of Shares

Sentiment:

SEC Form 4/A


David Andrew Jones, Executive Vice President of Community Trust Bancorp, reports the sale of 10,000 shares of common stock at a price of $49.4242 per share.

Delay expectedThe sale transaction was inadvertently omitted from the original Form 4 filing and its subsequent amendment, requiring this corrective filing.

Summary

  • David Andrew Jones, an Executive Vice President at Community Trust Bancorp INC /KY/, filed an amended Form 4 on August 02, 2024.
  • The amendment corrects an omission from the original filing on July 23, 2024, and its subsequent amendment on July 29, 2024.
  • The report details the sale of 10,000 shares of Common Stock on July 22, 2024, at a price of $49.4242 per share.
  • Following the transaction, Jones directly owns 8,052.3217 shares of Community Trust Bancorp.
  • The transaction was a sale (Transaction Code 'S').

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. It's neither particularly positive nor negative from an investment perspective.

Industry Context

This filing is a routine disclosure of insider trading activity, required by the SEC to ensure transparency and prevent illegal insider trading. It provides investors with information about the transactions of company executives.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the company's total outstanding shares.

Key Dates

DateDescription
07/22/2024Date of the stock sale transaction.
07/23/2024Date of original Form 4 filing.
07/29/2024Date of amendment to original Form 4 filing.
08/02/2024Date of the current amended Form 4 filing.

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