Colony Bankcorp (CBAN) CFO Derek Shelnutt adds 250 shares at $19.50

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Colony Bankcorp CFO Derek Shelnutt bought 250 shares of COLONY BANKCORP, INC common stock in an open-market purchase at $19.50 per share. After this transaction, he directly owned 12,170 shares. He also indirectly held 5,972 shares through a 401k plan, including shares from company match, reinvested dividends, and salary deferrals.

Insider Trade Summary

Net Buyer: 250 shares ($4,875)

Net Buy 2 txns

Insider Shelnutt Derek

Role CFO

Bought 250 shs ($5K)

Type	Security	Shares	Price	Value
Purchase	COLONY BANKCORP, INC COMMON STOCK	250	$19.50	$5K
holding	COLONY BANKCORP, INC COMMON STOCK	--	--	--

Holdings After Transaction: COLONY BANKCORP, INC COMMON STOCK — 12,170 shares (Direct); COLONY BANKCORP, INC COMMON STOCK — 5,972 shares (Indirect, 401k)

Footnotes (1)

Includes shares acquired through reinvested dividends and salary deferral. Includes shares acquired through 401k company match, reinvested dividends and salary deferral.

Form 4 Insider Transactions: What Each Field Means →

03/04/2026 - 04:13 PM

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

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)
03/03/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COLONY BANKCORP, INC COMMON STOCK	03/03/2026		P		250	A	$19.5	12,170⁽¹⁾	D
COLONY BANKCORP, INC COMMON STOCK								5,972⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	03/04/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CBAN CFO Derek Shelnutt report?

CBAN CFO Derek Shelnutt reported buying 250 shares of COLONY BANKCORP, INC common stock in an open-market purchase at $19.50 per share. This Form 4 filing reflects a direct, voluntary increase in his personal share ownership.

How many CBAN shares does Derek Shelnutt own after the reported trade?

After the reported trade, Derek Shelnutt directly owned 12,170 shares of COLONY BANKCORP, INC common stock. In addition, he indirectly held 5,972 shares through a 401k plan, which includes company match, reinvested dividends, and salary deferrals.

Was the CBAN insider trade by Derek Shelnutt a purchase or sale?

The CBAN insider trade by Derek Shelnutt was a purchase. He conducted an open-market purchase of 250 shares at $19.50 per share, with the transaction coded as a "P" for a purchase in the Form 4 filing.

What type of ownership does Derek Shelnutt report for his CBAN shares?

Derek Shelnutt reports both direct and indirect ownership of CBAN shares. He directly owns 12,170 shares and indirectly owns 5,972 shares through a 401k plan, which includes shares from company match, reinvested dividends, and salary deferral elections.

What do the CBAN Form 4 footnotes reveal about Derek Shelnutt’s holdings?

The Form 4 footnotes state that some CBAN shares were acquired through reinvested dividends, salary deferrals, and 401k company matching contributions. These details clarify that a portion of Shelnutt’s indirect holdings accumulated automatically through compensation and retirement plan features.

How many CBAN shares did Derek Shelnutt buy according to the Form 4?

According to the Form 4, Derek Shelnutt bought 250 shares of COLONY BANKCORP, INC common stock. The transaction was an open-market purchase at $19.50 per share, increasing his directly held share count to 12,170 shares following the trade.