Rentz Daniel 4
Research Summary
AI-generated summary
Colony Bankcorp (CBAN) CIO Daniel Rentz Receives 1,916-Share Award
What Happened
- Daniel Rentz, Chief Information Officer of Colony Bankcorp, was reported to have received an award/grant of 1,916 shares (transaction code A) with an acquisition date of July 1, 2026. No per-share price or total dollar value is disclosed on the Form 4 (listed as N/A).
Key Details
- Transaction date: 2026-07-01 (reported on Form 4 filed 2026-07-17).
- Transaction type: Award/grant (code A); acquisition price not disclosed (N/A).
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: Shares granted under the Colony Bankcorp, Inc. 2020 Incentive Plan.
- F2/F3: Notes that some share totals may include reinvested dividends, salary deferral, and 401(k) company match (these explain how other holdings may be composed).
- Filing timeliness: The Form 4 was filed 16 days after the transaction date, outside the typical two-business-day window for Section 16 insiders (i.e., a late filing).
Context
- This was a compensation award (not an open-market purchase or sale). Awards under incentive plans are common forms of executive pay and do not necessarily indicate immediate bullish or bearish trading intent.
- Because no price or value was reported, retail investors should view this as routine compensation disclosure. Purchases (open-market buys) typically carry more direct informational value about an insider’s market view.