Colony Bankcorp (CBAN) grants 990-share stock award to top executive
Rhea-AI Filing Summary
Colony Bankcorp Inc reported an insider equity award. Executive Vice Chairman and director Brian D Schmitt received a grant of 990 shares of common stock on July 1, 2026, under the Colony Bankcorp, Inc. 2020 Incentive Plan. Following this grant, he directly holds 71,740 shares, including shares acquired through reinvested dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schmitt Brian D
Role
Executive Vice Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COLONY BANKCORP, INC COMMON STOCK | 990 | -- | -- |
Holdings After Transaction:
COLONY BANKCORP, INC COMMON STOCK — 71,740 shares (Direct)
Footnotes (1)
- Shares granted 2025 per Colony Bankcorp, Inc. 2020 Incentive Plan. Includes shares acquired through reinvested dividends.
Key Figures
Shares granted: 990 shares
Shares held after transaction: 71,740 shares
2 metrics
Shares granted
990 shares
Equity award on July 1, 2026 under the 2020 Incentive Plan
Shares held after transaction
71,740 shares
Direct holdings of Brian D Schmitt following the grant, including reinvested dividends
Key Terms
2020 Incentive Plan, reinvested dividends, Grant, award, or other acquisition
3 terms
2020 Incentive Plan financial
"Shares granted 2025 per Colony Bankcorp, Inc. 2020 Incentive Plan."
reinvested dividends financial
"Includes shares acquired through reinvested dividends."
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Colony Bankcorp (CBAN) disclose for Brian D Schmitt?
Colony Bankcorp disclosed that Executive Vice Chairman Brian D Schmitt received a grant of 990 shares of common stock on July 1, 2026, as an equity award under the company’s 2020 Incentive Plan.
Was the Colony Bankcorp (CBAN) transaction a purchase or an award?
The transaction for Colony Bankcorp was an equity award, coded as a grant or other acquisition, rather than an open-market purchase. Schmitt received 990 shares of common stock as part of his compensation.
Does Brian D Schmitt’s reported Colony Bankcorp (CBAN) holding include dividend reinvestments?
Yes. The reported post-transaction balance of 71,740 shares for Brian D Schmitt includes shares acquired through reinvested dividends, as specifically noted in the related footnote.