Smith Mark Edward 4
Research Summary
AI-generated summary
Community Trust Bancorp (CTBI) EVP Mark Edward Smith Receives 667 Shares
What Happened
- Mark Edward Smith, Executive Vice President of Community Trust Bancorp, received 667 shares on 2026-01-27. The Form 4 reports the transaction as an acquisition (code A) and lists the acquisition amount as $0.00. A filing footnote indicates these shares were acquired under the company’s Dividend Reinvestment Plan (DRIP) and shows a per-share figure of $9.9449 dated 01/02/2026, implying an approximate value of ~$6,633 for the 667 shares.
Key Details
- Transaction date: 2026-01-27; Form 4 filed: 2026-01-28 (appears timely).
- Transaction type: Grant/Award/Other acquisition (code A) via DRIP.
- Shares acquired: 667 shares; Form reports acquisition price $0.00.
- Footnote: F1 — acquired under the Community Trust Bancorp, Inc. DRIP; footnote lists 01/02/2026 price 9.9449 (acct 1732-4044 / Direct).
- Shares owned after transaction: Not disclosed in the filing.
Context
- This was not an open-market buy or sale but shares received through automatic reinvestment of dividends (DRIP), a common way insiders accumulate shares without a market trade. DRIP acquisitions are routine and reflect dividend reinvestment rather than a directional bet timed with the market.