Form 4: CTBI President Newsom Increases Stake via Stock Grant

Community Trust Bancorp President Richard W. Newsom reported an increase in his beneficial ownership of company common stock through a stock grant and dividend reinvestments.

Summary

• Richard W. Newsom, President of Community Trust Bancorp Inc. (CTBI), reported changes in his beneficial ownership of common stock.
• On January 27, 2026, Newsom acquired 1,009 shares of common stock at a price of $0, indicating a grant or award.
• Additional shares were acquired through dividend reinvestment plans on January 2, 2026: 30.2648 shares via the Community Trust Bancorp, Inc. Dividend Reinvestment Plan (DRIP) and 60.5520 shares from dividends held in a brokerage account at LPL.
• Following these transactions, Newsom's direct beneficial ownership includes 6,309.7587 shares (DRIP account) and 6,543.034 shares (LPL brokerage account).
• Indirect beneficial ownership includes 124 shares by spouse, 18,627.9293 shares by ESOP, and 16,948.2972 shares by 401k.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. An insider increasing their stake, even through grants and dividend reinvestments rather than open market purchases, generally signals continued confidence in the company and aligns management's interests with shareholders. However, it's not as strong a signal as a significant open market purchase.

Positives

• A company insider, President Richard W. Newsom, increased his beneficial ownership of common stock, which can signal alignment of management interests with shareholders.
• The acquisition of shares through a grant and dividend reinvestment plans demonstrates a continued stake in the company's performance.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategy.

Industry Context

Insider transactions, such as those reported in a Form 4, are routine disclosures that provide transparency into management's holdings. While an increase in insider ownership can be viewed positively as it aligns management's interests with shareholders, these specific acquisitions (a grant and dividend reinvestments) are not open market purchases and thus do not necessarily reflect a direct market conviction at a specific price point.

Stakeholder Impact

• Shareholders may view the increase in insider ownership as a positive signal, indicating management's continued commitment and alignment with shareholder interests.

Key Dates

Keywords

Community Trust Bancorp, CTBI, Richard W. Newsom, Insider Transaction, Form 4, Stock Acquisition, Beneficial Ownership, Dividend Reinvestment Plan, Stock Grant