Colony Bankcorp officer buys 500 CBAN shares
Colony Bankcorp Inc chief banking officer Edward G. Canup bought 500 shares of COLONY BANKCORP, INC common stock in an open‑market transaction at $19.25 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Colony Bankcorp Inc chief banking officer Edward G. Canup bought 500 shares of COLONY BANKCORP, INC common stock in an open‑market transaction at $19.25 per share. After this purchase, he directly holds 27,656.12 shares and has an additional 8,199.53 shares held indirectly through a 401(k) plan.
Insights
Routine open‑market purchase modestly increases insider exposure.
Chief banking officer Edward G. Canup executed an open‑market purchase of 500 COLONY BANKCORP, INC common shares at $19.25 each. This is a discretionary buy, not a grant or tax‑related entry, and therefore reflects an active decision to add equity exposure.
Following the trade, he holds 27,656.12 shares directly plus 8,199.53 shares through a 401(k). The number of shares purchased is small compared with his disclosed direct holdings, suggesting a routine, incremental position increase rather than a transformational move.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COLONY BANKCORP, INC COMMON STOCK | 500 | $19.25 | $10K |
| Holding | COLONY BANKCORP, INC COMMON STOCK | -- | -- | -- |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CBAN executive Edward G. Canup report?
AI-generated analysis. How Rhea-AI works. Not financial advice.