Colony Bankcorp (CBAN) CAO has 541 shares withheld for tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colony Bankcorp Inc’s Chief Administrative Officer Laurie Senn reported a routine equity-related tax event. On July 1, 2026, 541 shares of Colony Bankcorp common stock were relinquished at $20.49 per share to cover tax liabilities related to stock vesting, classified as a tax-withholding disposition rather than an open‑market sale. After this transaction, Senn directly held 3,588 shares of common stock. The filing also shows an indirect holding of 1,581 shares in a 401k, which includes shares acquired through company match, reinvested dividends, and salary deferral.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Senn Laurie
Role
CHIEF ADMINISTRATIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COLONY BANKCORP, INC COMMON STOCK | 541 | $20.49 | $11K |
| holding | COLONY BANKCORP, INC COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COLONY BANKCORP, INC COMMON STOCK — 3,588 shares (Direct, null);
COLONY BANKCORP, INC COMMON STOCK — 1,581 shares (Indirect, 401K)
Footnotes (1)
- Includes shares relinquished for tax liability related to stock vesting. Includes shares acquired through reinvested dividends and salary deferral. Includes shares acquired through 401k company match, reinvested dividends and salary deferral.
Key Figures
Shares withheld for taxes: 541 shares
Tax withholding price: $20.49 per share
Direct holdings after transaction: 3,588 shares
+2 more
5 metrics
Shares withheld for taxes
541 shares
Tax-withholding disposition on Colony Bankcorp stock at $20.49
Tax withholding price
$20.49 per share
Price applied to 541 shares for tax liability on vesting
Direct holdings after transaction
3,588 shares
Colony Bankcorp common stock directly owned after July 1, 2026
Indirect 401k holdings
1,581 shares
Colony Bankcorp shares held through 401k plan
Tax-withholding share count (summary)
541 shares
TaxWithholdingShares in transaction summary
Key Terms
tax-withholding disposition, stock vesting, 401k, reinvested dividends, +1 more
5 terms
tax-withholding disposition financial
"classified as a tax-withholding disposition rather than an open‑market sale"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
stock vesting financial
"tax liabilities related to stock vesting, classified as a tax-withholding disposition"
401k financial
"The filing also shows an indirect holding of 1,581 shares in a 401k"
An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.
reinvested dividends financial
"includes shares acquired through company match, reinvested dividends, and salary deferral"
Reinvested dividends are payouts a shareholder receives from a company that are automatically used to buy additional shares instead of being taken as cash. For investors this acts like planting dividends back into the portfolio so each future payout can come from a slightly larger holding, helping returns compound over time and showing the difference between income you spend today and total growth of your investment.
salary deferral financial
"includes shares acquired through company match, reinvested dividends, and salary deferral"
FAQ
What insider transaction did Colony Bankcorp (CBAN) report for Laurie Senn?
Colony Bankcorp reported that Chief Administrative Officer Laurie Senn had 541 shares withheld to cover tax liabilities from stock vesting. This was a tax-withholding disposition, not an open-market sale, and reflects routine handling of equity compensation taxes.
Is Laurie Senn’s Colony Bankcorp tax-withholding event an open-market sale?
No. The 541-share transaction is coded “F,” meaning shares were withheld to pay tax liabilities related to stock vesting. This is a non-market, administrative disposition rather than a voluntary sale based on market views of Colony Bankcorp stock.
What do the Form 4 footnotes reveal about Laurie Senn’s Colony Bankcorp holdings?
Footnotes explain that some shares were relinquished to cover tax liability from stock vesting and that 401k holdings include shares from company match, reinvested dividends, and salary deferral. These notes clarify that portions of her position arise from compensation and retirement programs.
How are Laurie Senn’s indirect Colony Bankcorp holdings structured in the Form 4?
The Form 4 lists 1,581 Colony Bankcorp shares held indirectly through a 401k plan. Footnotes state these include shares from the company 401k match, reinvested dividends, and salary deferral contributions, highlighting retirement-plan accumulation rather than direct market purchases.