Form 4: Executive VP Sparkman Reports CTBI Stock Changes

Sentiment:

Insider Transaction Report


Community Trust Bancorp Executive Vice President Ricky D. Sparkman reported changes in his beneficial ownership of company common stock, including acquisitions via dividend reinvestment and dispositions, under a 10b5-1 plan.

Summary

  • Ricky D. Sparkman, Executive Vice President of Community Trust Bancorp Inc. (CTBI), reported changes in his beneficial ownership of common stock.
  • Transactions occurred on January 27, 2026, under a Rule 10b5-1 trading plan.
  • Acquired 898 shares of common stock at a price of $0.
  • Disposed of a total of 10,693.222 shares of common stock (285.222 + 1,434 + 8,974).
  • The acquisitions included 169.6203 shares through the company's Dividend Reinvestment Plan (DRIP) and 2.6400 shares from dividend reinvestment in an LPL brokerage account, both on January 2, 2026.
  • Following these transactions, direct beneficial ownership stands at 20,945.581 shares.
  • Indirect beneficial ownership includes 13,048.9593 shares via an ESOP and 0.4213 shares via a 401k.

Sentiment

Score: 5

Explanation: The filing reports routine insider stock transactions, including both acquisitions through dividend reinvestment and dispositions, executed under a pre-arranged 10b5-1 trading plan. This indicates planned activity rather than a strong positive or negative signal.

Positives

  • Acquisition of 898 shares, indicating continued participation in company equity.
  • Use of a Dividend Reinvestment Plan (DRIP) and LPL dividend reinvestment, showing a long-term investment strategy.

Negatives

  • Disposition of a significant number of shares (10,693.222 shares).

Stakeholder Impact

  • Shareholders: Provides transparency on insider holdings and trading activity.

Key Dates

DateDescription
01/02/2026Acquisition of shares through Dividend Reinvestment Plan (DRIP) and LPL brokerage account.
01/27/2026Date of reported transactions and filing date of the Form 4.

Recommendation

hold

This Form 4 filing details routine insider transactions by an Executive Vice President, including both acquisitions via dividend reinvestment and dispositions, all executed under a pre-arranged 10b5-1 plan. Such filings primarily offer transparency into insider holdings and do not typically provide sufficient fundamental or strategic information to warrant a change in investment recommendation. Investors should consider broader company performance, financial reports, and market conditions for investment decisions.

Keywords

Community Trust Bancorp, CTBI, Ricky D. Sparkman, Form 4, Insider Trading, Beneficial Ownership, Stock Transactions, Executive Vice President, 10b5-1 Plan, Dividend Reinvestment Plan, DRIP, ESOP, 401k

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