Canup Edward G 4

What Happened

Edward G. Canup, Chief Banking Officer of Colony Bankcorp (CBAN), acquired 1,000 common shares in a reported open market/private purchase on May 5, 2026 at $19.65 per share, for a total purchase price of $19,650. The transaction was reported on a Form 4 filed May 7, 2026. This was a purchase (code P), which is generally more useful to watch than routine insider sales but does not indicate a definitive motive.

Key Details

• Transaction date and type: 2026-05-05 — Open market/private purchase (Code P).
• Price and value: 1,000 shares at $19.65 each = $19,650 total.
• Form 4 filed: 2026-05-07 (appears timely — within two business days of the trade).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 notes holdings include shares acquired through reinvested dividends and salary deferral.
• Insider role: Edward G. Canup, Chief Banking Officer.

Context

The purchase size ($19.6k) is modest; insider buys can signal confidence but may also reflect routine compensation elections or reinvestment. The F1 footnote indicates some reported holdings may include dividend reinvestment or salary-deferral shares. No indications of late filing or option exercises are present in this report.