Colony Bank (CBAN) CIO Daniel Rentz Relinquishes 524 Shares

What Happened
Daniel Rentz, Chief Information Officer of Colony Bankcorp Inc. (CBAN), relinquished 524 shares on 2026-07-01 to satisfy tax withholding tied to stock vesting. The shares were valued at $20.49 each, for a total of roughly $10,737. This was a tax-withholding disposal (not an open-market sale).

Key Details

• Transaction date: 2026-07-01
• Price per share: $20.49; total value ≈ $10,737
• Shares relinquished/disposed: 524
• Transaction code: F — tax withholding / payment of tax liability (footnote F1: shares relinquished for tax liability related to stock vesting)
• Filing date / accession: Form 4 filed 2026-07-06 (Accession 0002050576-26-000002) — filing occurred several days after the transaction; Form 4s are generally due within two business days, so this may represent a late filing.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Additional footnotes in the filing (F2, F3) note other share acquisition methods reported elsewhere: reinvested dividends, salary deferral, and 401(k) company match.

Context
Relinquishing shares to cover taxes is a routine administrative step when restricted stock or other awards vest and does not equal an open-market sale signaling a change in confidence. The cash value involved here (~$10.7k) is modest relative to typical insider trades.