[Form 4] Colony Bankcorp Inc. Insider Trading Activity

Rhea-AI Filing Summary

Edward G. Canup, Chief Banking Officer of Colony Bankcorp Inc. (CBAN) reported a purchase of 500 shares of the company's common stock on 08/15/2025 at a price of $16.425 per share. After the transaction, Mr. Canup directly owned 16,766.63 shares (which the filing notes includes reinvested dividends and salary deferral) and indirectly held 6,765.79 shares through a 401(k) plan (which includes company match, reinvested dividends and salary deferral). The Form 4 was executed by an attorney-in-fact on 08/18/2025 and identifies Mr. Canup as both an officer (Chief Banking Officer) and a director. The filing contains no option or derivative activity.

Positive

• Insider purchase of 500 shares indicates additional personal ownership by an executive
• Clear disclosure of direct and indirect holdings including reinvested dividends and 401(k) match supports transparency

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchased a small number of shares; ownership increases slightly, showing routine insider buying.

The 500-share purchase at $16.425 represents a modest insider buy relative to the reported post-transaction direct holding of 16,766.63 shares. The transaction is non-derivative and disclosed as a personal purchase rather than part of an option exercise or secondary sale. The filing also clarifies indirect holdings via a 401(k) totaling 6,765.79 shares, which is composed of routine compensation deferrals and company match. For investors, this is a routine disclosure of insider ownership change without material dilutive or corporate-finance implications.

Corporate Governance Expert

TL;DR: Filing is a standard Section 16 disclosure reflecting compliance and routine insider accumulation.

The Form 4 properly identifies the reporting person, roles (officer and director), transaction date, price, and the mechanics of share accrual (dividend reinvestment and 401(k) activity). The signature by an attorney-in-fact is documented with a date. There are no red flags such as undisclosed derivative exercises, concurrent dispositions, or anomalous transaction codes. This disclosure meets fiduciary transparency expectations but does not, on its face, alter governance dynamics.

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^*

Canup Edward G

(Last) (First) (Middle)

115 SOUTH 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)
	CHIEF BANKING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025		P		500	A	$16.425	16,766.63(1)	D
COLONY BANKCORP, INC COMMON STOCK								6,765.79(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 Ed Canup	08/18/2025
	** 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

What transaction did Edward G. Canup report on the Form 4 for CBAN?

He purchased 500 shares of Colony Bankcorp, Inc. common stock on 08/15/2025 at $16.425 per share.

How many shares does Edward G. Canup directly and indirectly own after the reported transaction?

Directly: 16,766.63 shares (includes reinvested dividends and salary deferral). Indirectly (401k): 6,765.79 shares.

What is Edward Canup's role at Colony Bankcorp as stated on the Form 4?

He is identified as a Director and the Chief Banking Officer of Colony Bankcorp, Inc.

Was any derivative or option activity reported in this Form 4?

No. The filing shows only a non-derivative purchase of common stock and explicitly contains no derivative securities activity.

Who signed the Form 4 and when was it dated?

Lee Bagwell, attorney-in-fact, signed the filing on 08/18/2025.