Canup Edward G 4

What Happened

Edward G. Canup, Chief Banking Officer of COLONY BANKCORP (CBAN), reported an open-market purchase of 500 common shares on 2026-03-06 at $19.25 per share, for a total cost of $9,625. This was a straight purchase (transaction code P), not an option exercise or award.

Key Details

• Transaction date and price: 2026-03-06 — 500 shares at $19.25 each.
• Total value: $9,625.
• Shares owned after transaction: Not specified in the information provided in this summary.
• Footnotes / plans: No 10b5-1 plan, tax withholding, or other footnotes were indicated in the supplied details.
• Filing timeliness: The Form 4 was filed on 2026-03-11, which appears to be one business day after the typical 2-business-day reporting deadline (the filing is therefore late by one day).

Context

This was a modest open-market purchase by a company officer. Purchases can be of interest to investors as one data point on insider sentiment, but the size here ($9.6k) is relatively small and does not, by itself, indicate a material change in insider conviction. The filing shows a simple buy—no option exercises, gifts, or complex derivative transactions were reported.