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Colony Bankcorp (CBAN) CFO details direct and 401(k) share holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Colony Bankcorp Inc.'s CFO Derek Shelnutt reported his share holdings in a Form 4 filing. As of February 13, 2026, he beneficially owns 11,666 shares of Colony Bankcorp common stock directly and an additional 5,444 shares indirectly through a 401(k) plan. The indirect and direct totals include shares accumulated over time through reinvested dividends, company 401(k) matching, and salary deferral programs.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shelnutt Derek

(Last) (First) (Middle)
115 S GRANT STREET

(Street)
FITZGERALD GA 31750

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COLONY BANKCORP INC [ CBAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COLONY BANKCORP, INC COMMON STOCK 11,666(1) D
COLONY BANKCORP, INC COMMON STOCK 5,444(2) I 401k
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes shares acquired through reinvested dividends and salary deferral.
2. Includes shares acquired through 401k company match, reinvested dividends and salary deferral.
Remarks:
Lee Bagwell, Attorney-in-fact for Derek Shelnutt 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who is the insider in Colony Bankcorp (CBAN)'s latest Form 4 filing?

The insider is Derek Shelnutt, who serves as Chief Financial Officer (CFO) of Colony Bankcorp Inc. The filing reports his beneficial ownership in the company’s common stock, including both directly held shares and shares held indirectly through a 401(k) retirement plan structure.

How many Colony Bankcorp (CBAN) shares does CFO Derek Shelnutt hold directly?

CFO Derek Shelnutt directly owns 11,666 shares of Colony Bankcorp common stock as reported in the Form 4. This direct holding includes shares accumulated over time through mechanisms such as reinvested dividends and amounts contributed via salary deferral elections.

What indirect ownership in Colony Bankcorp (CBAN) does the CFO report?

Derek Shelnutt reports indirect ownership of 5,444 shares of Colony Bankcorp common stock held through a 401(k) plan. According to the disclosure, these 401(k) shares include units acquired via company matching contributions, reinvested dividends, and ongoing salary deferral contributions.

What date does the reported Colony Bankcorp (CBAN) ownership information reflect?

The ownership information is reported as of February 13, 2026, which is the earliest transaction date shown in the Form 4. Both the direct and indirect share totals, including 11,666 direct and 5,444 401(k) shares, are tied to this disclosure date.

What do the footnotes in the Colony Bankcorp (CBAN) Form 4 explain?

The footnotes explain that the reported Colony Bankcorp common shares include reinvested dividends, salary deferrals, and 401(k) company match. This clarifies that part of CFO Derek Shelnutt’s direct and 401(k) holdings resulted from automatic plan features rather than separate, individual share purchase decisions.

Does the Colony Bankcorp (CBAN) Form 4 show both direct and indirect ownership for the CFO?

Yes. The Form 4 lists 11,666 shares of Colony Bankcorp common stock as directly owned and 5,444 shares as indirectly owned through a 401(k) plan. Together, these figures outline the total beneficial ownership position reported for CFO Derek Shelnutt.
Colony Bankcorp

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