CBK director and 10% owner reports new 469 RSU award

Rhea-AI Filing Summary

Commercial Bancgroup, Inc. (CBK) reported an equity grant to a director and 10% owner. On 11/24/2025, the reporting person received 469 restricted stock units (RSUs) of Commercial Bancgroup common stock at a price of $0, under the company’s 2025 Omnibus Incentive Plan. Each RSU represents a right to receive one share of common stock, and the RSUs vest 100% on the date of the issuer’s 2026 annual meeting of shareholders.

After this grant, the reporting person beneficially owns 11,156.5 shares directly. In addition, 2,204,391.5 shares are reported as indirectly owned through Robertson Holding Company, L.P., and 2,500 shares are indirectly owned through a child, with beneficial ownership in the partnership disclaimed except for any pecuniary interest.

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
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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^*

Robertson Aaron A.

(Last) (First) (Middle)

C/O COMMERCIAL BANCGROUP, INC.

6710 CUMBERLAND GAP PARKWAY

(Street)

HARROGATE TN 37752

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Commercial Bancgroup, Inc. [ CBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

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
Common Stock	11/24/2025		A		469(1)	A	$0	11,156.5	D
Common Stock								2,204,391.5	I	By Robertson Holding Company, L.P.(2)
Common Stock								2,500	I	By child

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. Represents an award of restricted stock units (collectively, the "RSUs" and each, an "RSU") granted pursuant to the Commercial Bancgroup, Inc. 2025 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of the issuer's common stock. The RSUs vest 100% on the date of the issuer's 2026 annual meeting of shareholders.

2. The reporting person is one of the two general partners of Robertson Holding Company, L.P. ("Robertson Holding"). The reporting person disclaims any beneficial ownership of the shares of the issuer's common stock held by Robertson Holding, except to the extent of his pecuniary interest therein, if any.

	/s/ Philip J. Metheny, attorney-in-fact	11/25/2025
	** 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 did the CBK insider report on this Form 4 filing?

The filing reports that a director and 10% owner of Commercial Bancgroup, Inc. (CBK) received an award of 469 restricted stock units (RSUs) of common stock on 11/24/2025 at a price of $0.

What are the terms of the RSU award reported for CBK?

The 469 RSUs were granted under the Commercial Bancgroup, Inc. 2025 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of CBK common stock and will vest 100% on the date of the issuer’s 2026 annual meeting of shareholders.

How many Commercial Bancgroup (CBK) shares does the insider own after the transaction?

Following the reported transaction, the insider beneficially owns 11,156.5 CBK shares directly, 2,204,391.5 shares indirectly through Robertson Holding Company, L.P., and 2,500 shares indirectly through a child.

What is the insider’s relationship to Robertson Holding Company, L.P. in the CBK filing?

The reporting person is one of the two general partners of Robertson Holding Company, L.P. and disclaims beneficial ownership of CBK shares held by that partnership, except to the extent of any pecuniary interest.

What roles does the reporting person have at Commercial Bancgroup (CBK)?

The reporting person is identified as both a Director and a 10% Owner of Commercial Bancgroup, Inc. in this Form 4.

Does this CBK Form 4 mention Rule 10b5-1 trading plans?

The form includes a checkbox to indicate if a transaction was made under a Rule 10b5-1(c) plan intended to satisfy affirmative defense conditions, but the content excerpt does not show that box marked for this transaction.