4/A: Executive Vice President Kevin J. Stumbo Corrects Previous SEC Filing Regarding Stock Transactions
SEC Filing Amendment
Kevin J. Stumbo, Executive Vice President of Community Trust Bancorp Inc, files an amended Form 4 to correct errors in a previous filing regarding dividend reinvestment plan (DRIP) shares and restricted stock awards.
Summary
- Kevin J. Stumbo, an Executive Vice President at Community Trust Bancorp Inc, filed an amended Form 4 with the SEC.
- The amendment corrects errors in a previous filing from November 16, 2023, which incorrectly reported DRIP shares and the transaction code for a restricted stock award.
- The corrected filing shows an award of 1,386 restricted stock shares on January 24, 2023, with a transaction code of 'A' for acquired, at a price of $42.31 per share.
- The total holdings reported in column 5 now include 3,308 restricted stock shares and 1,526.3042 regular shares, accounting for both the restricted stock award and DRIP shares.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. The correction ensures accuracy and transparency, which is generally viewed positively.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The correction of the SEC filing ensures accurate information is available to shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Original transaction date for DRIP shares. |
| 01/24/2023 | Date of restricted stock award. |
| 01/25/2023 | Date of original Form 4 filing. |
| 11/16/2023 | Date of the original Form 4 filing containing errors. |
| 08/09/2024 | Date of amended Form 4 filing. |
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