Bagwell Lee 4

What Happened Lee Bagwell, Executive Vice President of Colony Bankcorp, was awarded 2,412 shares (transaction code A) on July 1, 2026. The Form 4 lists the acquisition as an award/grant; no per-share price or total dollar value is provided (N/A), indicating this was a compensation grant rather than an open-market purchase.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 17, 2026 (appears to be filed after the 2-business-day window and may be a late filing).
• Shares involved: 2,412 shares granted; price/value: N/A (award).
• Shares owned after transaction: not reported in the information provided on the filing.
• Footnotes: F1 — shares granted under the Colony Bankcorp, Inc. 2020 Incentive Plan. F2 and F3 reference other reported shares acquired via reinvested dividends, salary deferral, and 401(k) match (these describe other holdings, not the July 1 grant).
• Transaction type: A = award/grant (compensation), not a market buy or sale.

Context Grants under an incentive plan are typically compensation or retention awards and do not by themselves signal a direct buy/sell decision by the insider. Because no sale or open-market purchase occurred, this transaction should be viewed as part of executive compensation rather than an overt bet on the stock price. The delayed filing date may be administrative but can be material for timing and disclosure compliance.