4/A: Executive Vice President of Community Trust Bancorp Corrects Previous SEC Filing Regarding Stock Transactions
SEC Filing Amendment
Ricky D. Sparkman, an Executive Vice President at Community Trust Bancorp, files an amended Form 4 to correct inaccuracies in a previous report regarding stock acquisitions.
Summary
- Ricky D. Sparkman, an Executive Vice President of Community Trust Bancorp, filed an amended Form 4 with the SEC.
- The amendment corrects a previous filing from April 27, 2023, which inadvertently reported incorrect details about Dividend Reinvestment Plan (DRIP) shares and other common shares.
- The corrected filing clarifies the holdings, including 254.875 shares held indirectly through an IRA.
- It also details the purchase of 1,434 shares on April 26, 2023, at a price of $34.8586 per share.
- The total shares beneficially owned following the reported transactions is 18,554.8793, which includes restricted shares, regular shares, and the newly purchased shares.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects transparency and compliance.
Industry Context
This filing is a routine disclosure related to insider trading and beneficial ownership, which is standard practice for executives of publicly traded companies. It ensures transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the SEC filing ensures accurate information is available to shareholders and potential investors.
Key Dates
| Date | Description |
|---|---|
| 04/03/2023 | Date of earliest transaction mentioned in the original filing. |
| 04/26/2023 | Date of purchase of 1,434 shares at $34.8586 per share. |
| 04/27/2023 | Date of the original Form 4 filing that contained errors. |
| 08/08/2024 | Date of signature on the amended form. |
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