Sandlin Jefferson F 4
Research Summary
AI-generated summary
Community Trust Bancorp (CTBI) Director Jefferson F. Sandlin Receives 301 Shares
What Happened Jefferson F. Sandlin, a director of Community Trust Bancorp, received 301 shares on April 28, 2026, priced at $66.46 per share for a total value of $20,004. The transaction is reported as an acquisition (code A) and was effected through the company’s Dividend Reinvestment Plan (DRIP), meaning dividends were used to purchase additional stock rather than a cash market purchase.
Key Details
- Transaction date: 2026-04-28; reported on Form 4 filed 2026-04-29.
- Price per share: $66.46; Shares acquired: 301; Total value: $20,004.
- Shares acquired under the DRIP (account 1732-4818 / Direct).
- Footnote shows prior DRIP reinvestments: 3.9080 shares on 2026-01-02 and 3.6138 shares on 2026-04-01 (same account).
- Filing appears timely (transaction 04-28-2026, Form 4 filed 04-29-2026).
- Filing did not disclose total shares owned after the transaction.
Context This was a dividend reinvestment purchase (automatic acquisition of shares using dividends), not an open-market buy or sale. DRIP purchases indicate the insider elected to reinvest dividends into more stock; they are routine and do not necessarily imply a change in sentiment beyond continued participation in the company’s dividend program.