Commercial Bancgroup, Inc.·4

Mar 26, 5:40 PM ET

Yates Charles L. 4

Research Summary

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Commercial Bancgroup (CBK) Director Charles Yates Disposes 72,581 Shares

What Happened
Director Charles L. Yates reported two dispositions by will/inheritance (transaction code W) on February 13, 2026: 41,475 shares and 31,106 shares, for a total of 72,581 shares. Each disposition is reported at $0.00 per share (total reported value $0), and the filing notes the dispositions occurred in connection with the passing of Peggy C. Smith.

Key Details

  • Transaction date: February 13, 2026; Report filed: March 26, 2026 (Form 4 accession 0000898432-26-000201). The filing appears later than the usual 2-business-day reporting window for Form 4s.
  • Price: $0.00 per share (disposition by will/inheritance). Total reported value: $0.
  • Shares reported disposed: 41,475 and 31,106 (total 72,581).
  • 469 of the reported shares are noted as restricted stock units (RSUs) awarded under the 2025 Omnibus Incentive Plan; those RSUs vest 100% on the Issuer’s 2026 annual meeting date.
  • Reporting correction: the filer previously underreported beneficial ownership by 1.25 shares (immaterial correction).
  • Shares owned after the transaction are not specified in the provided summary — see the full Form 4 for post-transaction beneficial ownership.

Context
Dispositions made via a will or inheritance are estate-related and do not necessarily reflect the insider’s trading intent or view of the company. The presence of RSUs in the reported amounts means some of these units were contingent awards that vest later; that treatment can affect future ownership once vested.