Robertson Dennis Michael 4

What Happened Dennis Robertson, a director of Commercial Bancgroup, purchased 450 shares of the company's common stock on 2026-01-28 at $25.64 per share, for a total cash outlay of $11,538. This was a purchase (Form 4 code P), which is generally more informative to investors than routine sales but does not by itself indicate the insider's motives.

Key Details

• Transaction date and price: 2026-01-28, 450 shares at $25.64 each (total $11,538).
• Filing date: 2026-01-30 (filed two days after the transaction); no late filing flag indicated in the provided excerpt.
• Shares owned after transaction: Total post-transaction beneficial ownership is not specified in the provided excerpt.
• Footnotes from the filing:
  • F1: 469 of these shares (per the filing text) represent an award of restricted stock units (RSUs) granted under the 2025 Omnibus Incentive Plan; each RSU is a contingent right to one share and the RSUs vest 100% on the date of the issuer's 2026 annual meeting of shareholders.
  • F2: 22,148 of the shares referenced are jointly owned with the reporting person's spouse.
• Transaction code: P = Purchase.

Context

• The purchase is a direct buy of common stock (not an option exercise or gift). The RSU footnote indicates part of the reporting person's holdings include unvested RSUs that will convert to shares at vesting (vesting tied to the 2026 annual meeting).
• Joint ownership with a spouse is noted in the filing; joint ownership is common and affects how beneficial ownership is reported.
• The filing contains factual disclosure of the trade and holdings; it does not provide reasons for the purchase.