Colony Bankcorp (CBAN) president logs tax withholding and 401k share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Copeland R Dallis Jr reported disposition transactions in this Form 4 filing.
COLONY BANKCORP INC President R Dallis Copeland Jr reported routine share movements tied to stock compensation and retirement savings. On the non-derivative side, 1,500 shares of common stock were relinquished at $20.49 per share to cover tax liabilities related to stock vesting, leaving him with 25,272 directly held shares.
He also reported 5,305 shares held indirectly through a 401(k) plan, which include shares acquired via company match, reinvested dividends, and salary deferrals. These updates reflect compensation- and benefit-related adjustments rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Copeland R Dallis Jr
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COLONY BANKCORP, INC COMMON STOCK | 1,500 | $20.49 | $31K |
| holding | COLONY BANKCORP, INC COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COLONY BANKCORP, INC COMMON STOCK — 25,272 shares (Direct, null);
COLONY BANKCORP, INC COMMON STOCK — 5,305 shares (Indirect, 401 (K))
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
Tax-withholding shares: 1,500 shares
Tax-withholding price: $20.49 per share
Direct shares after transaction: 25,272 shares
+1 more
4 metrics
Tax-withholding shares
1,500 shares
Relinquished to cover tax liability on stock vesting
Tax-withholding price
$20.49 per share
Value used for 1,500 shares withheld
Direct shares after transaction
25,272 shares
Directly held COLONY BANKCORP INC common stock
Indirect 401(k) shares
5,305 shares
Held indirectly through 401(k) plan
Key Terms
tax-withholding disposition, 401 (K), reinvested dividends, salary deferral
4 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
401 (K) financial
"nature_of_ownership: "401 (K)" for indirect holdings"
reinvested dividends financial
"Includes shares acquired through 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 reinvested dividends and salary deferral."
FAQ
What insider transaction did COLONY BANKCORP INC (CBAN) report for R Dallis Copeland Jr?
COLONY BANKCORP INC reported that President R Dallis Copeland Jr had 1,500 shares withheld to cover tax liabilities related to stock vesting. The shares were valued at $20.49 each and represent a tax-withholding disposition, not an open-market sale.
What does the 401(k) holding in the COLONY BANKCORP INC Form 4 represent?
The 401(k) entry shows 5,305 COLONY BANKCORP INC shares held indirectly for R Dallis Copeland Jr. Footnotes explain these include shares from company matching contributions, reinvested dividends, and salary deferrals within the 401(k) retirement plan.
Does this COLONY BANKCORP INC Form 4 indicate any new option exercises?
The Form 4 data provided does not show any new option exercises. It reports a tax-withholding disposition linked to stock vesting and updated direct and 401(k) share balances, without listing derivative transactions or remaining option positions.