Form 4: CTBI CFO Reports Share Gift and Ownership Changes
Insider Transaction Report
Community Trust Bancorp's CFO, Kevin J. Stumbo, reported gifting 50 shares of common stock and detailed his beneficial ownership across various accounts.
Summary
- Kevin J. Stumbo, EVP, CFO, and Treasurer of Community Trust Bancorp Inc. (CTBI), reported changes in his beneficial ownership.
- On July 8, 2025, Mr. Stumbo disposed of 50 shares of common stock via a gift at a price of $55.53 per share.
- His direct beneficial ownership following this transaction is 5,958.7406 shares.
- He also holds indirect beneficial ownership through an Employee Stock Ownership Plan (ESOP) with 13,826.4026 shares, a 401k plan with 14,507.8636 shares, an ESOP for his spouse with 1,037.2328 shares, and a 401k for his spouse with 579.0134 shares.
- Additionally, shares were acquired under the Community Trust Bancorp, Inc. Dividend Reinvestment Plan (DRIP) on April 1, 2025 (35.8873 shares), July 1, 2025 (33.6258 shares), and October 1, 2025 (37.5121 shares), contributing to his direct ownership.
Sentiment
Score: 5
Explanation: The sentiment is neutral. A small gift transaction by an insider is a disposition, but not a sale for cash, and the amount is minor relative to total holdings. The ongoing DRIP acquisitions slightly balance the disposition.
Positives
- Acquisitions under the Dividend Reinvestment Plan (DRIP) on multiple dates in 2025 indicate continued participation and investment in the company's equity by a key executive.
Negatives
- A disposition of 50 shares of common stock via gift reduces the direct beneficial ownership of a key executive.
Future Outlook
na
Industry Context
na
Related Party Transactions
- Disposition of 50 shares of common stock via gift. While the recipient is not specified, gifts are often made to family members or charitable organizations, which could be considered related parties.
Stakeholder Impact
- Minimal impact on shareholders due to the small number of shares involved in the gift transaction.
- No direct impact on employees, customers, suppliers, or creditors from this insider transaction report.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Acquisition of 35.8873 shares under the Dividend Reinvestment Plan. |
| 07/01/2025 | Acquisition of 33.6258 shares under the Dividend Reinvestment Plan. |
| 07/08/2025 | Disposition of 50 shares of common stock via gift by Kevin J. Stumbo. |
| 10/01/2025 | Acquisition of 37.5121 shares under the Dividend Reinvestment Plan. |
| 10/23/2025 | Date the Form 4 was signed by Cynthia L Adkins, Attorney-in-Fact for Kevin J. Stumbo. |
Keywords
CTBI, Community Trust Bancorp, Insider Transaction, Form 4, Share Ownership, Kevin J. Stumbo, CFO, Gift, Dividend Reinvestment Plan
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