Metheny Philip J. 4
Research Summary
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Commercial Bancgroup CFO Philip J. Metheny Buys 3,300 Shares
What Happened Philip J. Metheny, Chief Financial Officer of Commercial Bancgroup, acquired 3,300 shares of the company's common stock in open-market purchases on April 30, 2026. The reported weighted average price was $29.02 per share, for a total transaction value of approximately $95,760. This was a purchase (transaction code P).
Key Details
- Transaction date: 2026-04-30; filing date (Form 4): 2026-05-01 (timely filed).
- Price: reported weighted average $29.02; actual trade prices ranged $28.950–$29.025 per share (see footnote F1).
- Shares acquired: 3,300; total reported value ≈ $95,760.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 explains the weighted-average price and offers a breakdown of trades on request; F2 notes the reporting person has an award of 1,119 restricted stock units (RSUs) that vest in three equal annual installments on Jan 1, 2027, 2028 and 2029.
- No 10b5-1 plan, gift, exercise, or tax-withholding indicated in this transaction.
Context RSUs (per F2) are contingent rights to receive shares upon vesting and are not the same as an immediate share purchase. The current filing documents a direct open-market purchase, which retail investors often view as a more informative signal than routine sales, though the filing does not state the insider’s motives. Per F1, the reporting person can provide details of how many shares traded at each specific price within the stated range if requested from the issuer or the SEC staff.