4Filed Aug 2, 8:00 PM ET

Colony Bankcorp (CBAN) Chief Banking Officer Buys 2,000 Shares

$CBAN · COLONY BANKCORP INC

Research Summary

AI-generated summary of this SEC filing

Updated

Colony Bankcorp (CBAN) Chief Banking Officer Buys 2,000 Shares

What Happened
Edward G. Canup, Chief Banking Officer of Colony Bankcorp (CBAN), made two open-market purchases on July 30, 2026: 1,000 shares at $21.85 ($21,850) and 1,000 shares at $21.75 ($21,750), for a total of 2,000 shares costing $43,600. These were purchases (transaction code P), which investors often view as a more informative signal than routine sales.

Key Details

  • Transaction dates and prices: 2026-07-30 — 1,000 shares @ $21.85 ($21,850); 1,000 shares @ $21.75 ($21,750).
  • Total purchased: 2,000 shares for $43,600.
  • Shares owned after transaction: not specified in the portion of the filing provided.
  • Footnotes: F1 and F2 note holdings include shares acquired through reinvested dividends, salary deferral, and a 401(k) company match.
  • Filing: Report filed 2026-08-03 for a 2026-07-30 transaction; this filing date appears to be within the required two-business-day window and thus timely.
  • No 10b5-1 plan, tax-withholding, or other special conditions were referenced in the provided details.

Context
Open-market purchases by executives can be interpreted as a positive sign because they put personal capital to work in the company, but they do not guarantee future performance. The size of this buy ($43.6k) is relatively modest; consider it alongside other insider activity and the company's fundamentals when making investment decisions.