4/A: Executive Amends Filing to Correctly Report Stock Award and Holdings
SEC Filing
Charles Wayne Hancock II, an Executive Vice President at Community Trust Bancorp, Inc., amended a previous Form 4 filing to correct the number of shares beneficially owned following a stock award transaction on January 24, 2023.
Summary
- Charles Wayne Hancock II, an Executive Vice President at Community Trust Bancorp, Inc., filed an amended Form 4 to correct information regarding a stock award.
- The original Form 4, filed on January 25, 2023, incorrectly stated the total shares beneficially owned after the award of 1,182 shares of Common Stock at $42.31 per share.
- The amended form clarifies that the total shares in column 5 should be 3,628, comprising 2,182 restricted stock shares (including the 1,182 share award), 479 regular shares, and 967 shares held in a CTIC IMA.
- The filing also includes line items showing holdings of 4,330.1711 shares in an ESOP and 2,465.9994 shares in a 401k.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative sentiment, but accuracy in reporting is always 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.
Stakeholder Impact
- The correction of the Form 4 filing ensures accurate information is available to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/24/2023 | Date of the stock award transaction. |
| 01/25/2023 | Date of the original Form 4 filing. |
| 08/01/2024 | Date of signature on the amended form. |
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