4/A: Executive Vice President David I. Tackett Amends Form 4 Filing to Correctly Report Stock Holdings in Community Trust Bancorp
SEC Filing (Form 4/A)
David I. Tackett, Executive Vice President of Community Trust Bancorp, files an amended Form 4 to correct inaccuracies in a previous filing regarding dividend reinvestment and vesting of restricted shares.
Summary
- David I. Tackett, an Executive Vice President at Community Trust Bancorp, Inc., filed an amended Form 4 with the SEC.
- The amendment corrects a previous filing from January 25, 2023, which incorrectly reported dividend reinvestment plan (DRIP) shares as a separate award.
- The original filing also failed to report the vesting of 112 shares on January 25, 2023, 24 shares on January 26, 2023, 47 shares on January 27, 2023, and 256 shares on January 27, 2023.
- The amended form shows a total holding of 7,931.9665 shares, comprising 6,349 restricted shares (including an award of 917 restricted shares) and 1,582.9665 regular shares (including 12.2146 DRIP shares).
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous error. While not inherently positive or negative, the correction ensures transparency, which is generally viewed favorably.
Industry Context
Form 4 filings are a routine part of insider trading regulations, ensuring transparency in the market regarding the buying and selling of company stock by its officers and directors.
Stakeholder Impact
- The correction of the Form 4 filing ensures accurate information for shareholders regarding insider holdings.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Date of earliest transaction (DRIP shares acquired) |
| 01/25/2023 | Original Form 4 filed with incorrect information |
| 01/25/2023 | Vesting of 112 shares |
| 01/26/2023 | Vesting of 24 shares |
| 01/27/2023 | Vesting of 47 and 256 shares |
| 08/09/2024 | Date of amended Form 4 filing |
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