$CTBI·8-K

COMMUNITY TRUST BANCORP INC /KY/ · May 4, 9:37 AM ET

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COMMUNITY TRUST BANCORP INC /KY/ 8-K

Research Summary

AI-generated summary

Updated

Community Trust Bancorp Announces EVP Richard Newsom Retirement

What Happened
Community Trust Bancorp, Inc. (CTBI) filed an Form 8-K on May 4, 2026 announcing that Executive Vice President Richard W. Newsom has planned his retirement, effective February 5, 2027. Mr. Newsom will continue to serve as Executive Vice President of the company and President of Community Trust Bank, Inc. (the bank subsidiary) until that date.

Key Details

  • Filing date: May 4, 2026 (Form 8-K reported under Items 5.02 and 7.01).
  • Retirement effective date: February 5, 2027.
  • Current roles to be retained until retirement: Executive Vice President of Community Trust Bancorp and President of Community Trust Bank, Inc.
  • Regulation FD disclosure: company issued a press release on May 4, 2026 announcing the executive officer change.

Why It Matters
An announced retirement of a senior executive is a material leadership change investors track—especially when the executive holds dual roles at the holding company and its bank subsidiary. The 8-K and press release confirm the timeline but do not name a successor or detail any compensatory changes; investors should watch for future filings or announcements about succession planning and any related corporate governance or operational impacts.

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