Canup Edward G 4
Research Summary
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Colony Bankcorp (CBAN) CBO Edward G. Canup Receives 3,400-Share Award
What Happened Edward G. Canup, Chief Banking Officer of Colony Bankcorp, was awarded 3,400 shares on July 1, 2026. The transaction is an award/grant (code A) under the company’s 2020 Incentive Plan; no per‑share price or cash value is reported in the filing.
Key Details
- Transaction date: July 1, 2026. Filing date: July 17, 2026 (filed 16 days after the transaction).
- Transaction type: Award/Grant (A). Price: N/A (shares granted as compensation).
- Shares granted: 3,400.
- Shares owned after the transaction: not specified in the Form 4 provided.
- Footnotes: F1 — shares granted per Colony Bankcorp, Inc. 2020 Incentive Plan. F2/F3 noted in the filing reference shares acquired via reinvested dividends, salary deferral, and 401(k) company match (general acquisition language in the filing).
- Timeliness: The Form 4 was filed July 17 for a July 1 transaction; Form 4s are normally due within two business days, so this filing appears later than typical.
Context This was a compensation award under the company’s incentive plan, not an open‑market purchase or sale. Awards are common executive compensation and may be subject to vesting terms (the filing does not detail any vesting or immediate sale). Such grants reflect company compensation policy rather than a direct buy/sell signal by the insider.