Robertson John Adam 4
4 · Commercial Bancgroup, Inc. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Commercial Bancgroup (CBK) Exec Chair John Robertson Transfers Shares
What Happened
John Adam Robertson, Executive Chairperson and director of Commercial Bancgroup, reported a series of "other" acquisitions/dispositions (Form 4 code J) in early March involving large blocks of common stock that show $0.00 per share (no cash consideration). The filing records transfers on 2026-03-03, 2026-03-04, 2026-03-05 and 2026-03-06 involving the following amounts (all at $0.00 per share, total $0): 556,466 shares (disposed and acquired on 2026-03-03), 556,465 shares (disposed 2026-03-04) / 556,465 shares (acquired 2025-03-04 entry in the filing), 545,730 shares (disposed 2026-03-05) and 545,730.5 shares (disposed 2026-03-06). Footnotes explain these are transfers from Robertson Holding Company, L.P. to related irrevocable trusts (EGR Trust and CER Trust) as part of a distribution of Robertson Holding's assets — not open-market sales or purchases.
Key Details
- Transaction type: Code J — "Other acquisition or disposition" (internal transfers).
- Dates and amounts (all $0.00 per share, total $0):
- 2026-03-03: 556,466 shares disposed and 556,466 shares acquired
- 2026-03-04: 556,465 shares disposed
- 2025-03-04: 556,465 shares acquired (entry in filing; date precedes others)
- 2026-03-05: 545,730 shares disposed
- 2026-03-06: 545,730.5 shares disposed
- Footnotes:
- F3: transfers were from Robertson Holding to the Edwin G. Robertson and Craig E. Robertson Children’s Irrevocable Trusts as part of a distribution; no purchase price paid.
- F1/F2: Robertson is a general partner of Robertson Holding and sole trustee of the EGR Trust and disclaims beneficial ownership of shares held by those entities except to the extent of any pecuniary interest.
- F4: Includes 26,659 shares held jointly with spouse.
- Shares owned after the transactions are not specified in the public summary of this filing.
- Filing timeliness: The Form 4 was filed 2026-04-27 reporting transactions in early March 2026 — this appears late relative to the typical two-business-day filing requirement.
Context
These entries are internal reallocations/distributions among related entities and trusts (no cash exchanged), which typically reflect estate planning, trust funding, or partner distributions rather than market-directed buying or selling. For retail investors, outright open-market purchases by insiders can be a stronger signal than transfers between affiliated entities.
Insider Transaction Report
- Other
Common Stock
[F3][F1]2026-03-03−556,466→ 1,647,925.5 total(indirect: By Robertson Holding Company, L.P.) - Other
Common Stock
[F3][F2]2026-03-03+556,466→ 556,466 total(indirect: By Trust) - Other
Common Stock
[F3][F1]2026-03-04−556,465→ 1,091,460.5 total(indirect: By Robertson Holding Company, L.P.) - Other
Common Stock
[F3][F2]2025-03-04+556,465→ 1,112,931 total(indirect: By Trust) - Other
Common Stock
[F3][F1]2026-03-05−545,730→ 545,730.5 total(indirect: By Robertson Holding Company, L.P.) - Other
Common Stock
[F3][F1]2026-03-06−545,730.5→ 0 total(indirect: By Robertson Holding Company, L.P.)
- 45,800.5
Common Stock
[F4] - 3,750(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]The reporting person is one of the two general partners of Robertson Holding Company, L.P. ("Robertson Holding"). The reporting person disclaims any beneficial ownership of the shares of common stock, par value $0.01 per share ("Common Stock"), of Commercial Bancgroup, Inc. held by Robertson Holding, except to the extent of his pecuniary interest therein, if any.
- [F2]The reporting person is the sole trustee of the Edwin G. Robertson Children's Irrevocable Trust (the "EGR Trust"), and the reporting person and members of his immediate family are the sole beneficiaries of the EGR Trust. The reporting person disclaims beneficial ownership of the securities held by the EGR Trust except to the extent of his pecuniary interest therein, if any.
- [F3]Transfer of shares of Common Stock from Robertson Holding to the EGR Trust and Craig E. Robertson Children's Irrevocable Trust (the "CER Trust"), respectively, in connection with the distribution of the assets of Robertson Holding to its limited partners. No purchase price was paid specifically for the transfer of such shares of Common Stock to the EGR Trust and CER Trust.
- [F4]Includes 26,659 shares of Common Stock held by the reporting person jointly with the reporting person's spouse.