Robertson Holding Company, L.P. 4

What Happened

• Robertson Holding Company, L.P. (a reported 10% owner) recorded four "other disposition" transfers of Commercial Bancgroup (CBK) common stock on March 3–6, 2026. The transfers were: 556,466 shares (3/3), 556,465 shares (3/4), 545,730 shares (3/5), and 545,730.5 shares (3/6) — total 2,204,391.5 shares — each reported at $0.00 per share (total value $0).
• Footnote F1 explains these shares were transferred to the Craig E. Robertson Children's Irrevocable Trust and the Edwin G. Robertson Children's Irrevocable Trust as part of distributing Robertson Holding's assets to its limited partners. No purchase price was paid for the transfers. This is a transfer/distribution (administrative/family trust transfer), not an open‑market sale.

Key Details

• Transaction dates/prices: 3/3/2026 — 556,466 @ $0.00; 3/4/2026 — 556,465 @ $0.00; 3/5/2026 — 545,730 @ $0.00; 3/6/2026 — 545,730.5 @ $0.00. (Code J — other acquisition/disposition.)
• Total transferred: 2,204,391.5 shares (≈2.204M). Total proceeds reported: $0.00.
• Shares owned after transaction: not specified in the information provided.
• Footnote: transfers were to two irrevocable children's trusts as part of a distribution of Robertson Holding's assets; no specific purchase price was paid.
• Filing timeliness: Form 4 filed 2026-04-27 for transactions in early March — this is later than the typical 2-business-day Section 16 reporting requirement and appears to be a late filing.

Context

• Transfers to family irrevocable trusts are commonly estate‑planning or partner distribution actions and do not necessarily indicate trading sentiment about the company.
• Robertson Holding is a 10% owner (large shareholder), not an individual officer or director trade; institutional/owner transfers often reflect ownership structure changes rather than insider views on the stock.