4/A: Executive Vice President Kevin J. Stumbo Corrects Stock Ownership Reporting

Sentiment:

SEC Filing


Kevin J. Stumbo, Executive Vice President of Community Trust Bancorp Inc, files an amended Form 4 to correct previously misreported stock vesting and holdings.

Summary

  • Kevin J. Stumbo, an Executive Vice President at Community Trust Bancorp Inc, filed an amended Form 4 with the SEC.
  • The amendment corrects an error in the original Form 4 filed on January 29, 2024, which incorrectly reported the vesting of 308 shares on January 25, 2024, 62 shares on January 26, 2024, and 124 shares on January 26, 2024.
  • The original form also had a separate line item for 1,718 restricted shares.
  • The amended form consolidates these holdings into a single line item, showing a total holding of 4,818.9508 shares, which includes 1,718 restricted shares and 3,100.9508 regular shares.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. The correction ensures accurate reporting, which is a positive aspect of corporate governance.

Negatives

  • The original Form 4 contained errors in reporting share vesting and holdings.

Industry Context

This filing is a routine disclosure related to insider stock ownership and is required by the SEC to ensure transparency and prevent insider trading.

Stakeholder Impact

  • The correction of the stock ownership report ensures accurate information for shareholders.

Key Dates

DateDescription
01/25/2024Date of earliest transaction mentioned in the filing.
01/29/2024Date of original Form 4 filing which contained errors.
08/09/2024Date of the amended filing.

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