TACKETT DAVID I 4
Research Summary
AI-generated summary
Community Trust Bancorp (CTBI) EVP David I. Tackett Receives 701 Shares
What Happened
- David I. Tackett, Executive Vice President of Community Trust Bancorp, acquired 701 shares on 2026-01-27. The Form 4 reports the transaction as code "A" (grant/award or other acquisition) with an acquisition price of $0.00; a footnote states the shares were issued under the company’s Dividend Reinvestment Plan (DRIP).
- Using the DRIP price shown in the filing (01/02/2026 price = $24.3485), the 701 shares equal roughly $17,068.30. This was a reinvestment of dividends (routine acquisition), not an open-market purchase.
Key Details
- Transaction date: 2026-01-27; Form 4 filed 2026-01-28 (filed promptly the next day).
- Reported acquisition: 701 shares, reported price $0.00 (code A — award/other acquisition).
- DRIP price noted in footnote: 01/02/2026 at $24.3485 (account 1732-02875 / Direct); estimated market value ≈ $17,068.30.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote F1: shares acquired under the Community Trust Bancorp, Inc. Dividend Reinvestment Plan (DRIP).
Context
- Dividend reinvestments are a common, routine way insiders increase holdings and reflect reinvested dividends rather than active buying/selling decisions. They typically do not indicate a new bullish or bearish signal by themselves.
- The transaction size here is modest (~$17k by DRIP price) and routine; retail investors may view it as incremental insider ownership but should weigh it alongside other insider activity and company fundamentals.