Joiner Paul E III 4

What Happened Paul E. Joiner III, a director of Colony Bankcorp, received an award of 990 shares (Transaction code A) reported with a transaction date of 2026-07-01. No per-share price or dollar value is reported (listed as N/A), indicating this was a grant/award rather than a market purchase or sale. Awards are part of compensation programs and are different from open-market purchases.

Key Details

• Transaction date: 2026-07-01; Form 4 filed: 2026-07-17 (late filing relative to the usual 2-business-day rule).
• Transaction type: Award/Grant (code A); 990 shares acquired; price: N/A.
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnotes: F1 notes the shares were granted in 2025 under the Colony Bankcorp, Inc. 2020 Incentive Plan; F2 indicates reported totals may include shares acquired through reinvested dividends.
• Implication of late filing: public disclosure was delayed; late Form 4s do not by themselves indicate misconduct but reduce the timeliness of insider information.

Context This was a non-cash compensation event (award/grant) rather than an open-market purchase or sale. Such awards typically vest over time or are part of director compensation policies; the footnote suggesting a 2025 grant could mean these shares were part of a prior grant schedule now being reflected in ownership.