STUMBO KEVIN J 4
Research Summary
AI-generated summary
Community Trust (CTBI) CFO Kevin Stumbo Receives 1,027 Shares
What Happened
- Kevin J. Stumbo, EVP, Chief Financial Officer and Treasurer of Community Trust Bancorp, reported the acquisition of 1,027 shares on 2026-01-27. The Form 4 records the acquisition price as $0.00 (transaction code A — award/grant/other acquisition) because the shares were issued through the company’s Dividend Reinvestment Plan (DRIP).
Key Details
- Transaction date: 2026-01-27 (Form filed 2026-01-28).
- Reported price on Form 4: $0.00 (code A). Footnote shows a DRIP price reference of $36.8904 (dated 01/02/2026), implying a market value ≈ $37,886 for the 1,027 shares (1,027 × $36.8904).
- Shares owned after the transaction: not specified in the provided excerpt.
- Footnote: F1 — shares were acquired under the Community Trust Bancorp, Inc. Dividend Reinvestment Plan (DRIP).
- Timeliness: Filing appears timely (filed one day after the reported transaction).
Context
- A DRIP acquisition means dividends were reinvested to obtain additional shares rather than an open-market cash purchase; Form 4 records such issuances at $0.00 even though they have market value. This is a routine insider acquisition and does not by itself indicate management’s future expectations.