Estate-related CBK share transfers reported by Commercial Bancgroup (CBK) director

Rhea-AI Filing Summary

Commercial Bancgroup, Inc. director Charles L. Yates reported estate-related transfers of Common Stock previously held indirectly through PCS Investments II LLC and the Peggy C. Smith Revocable Trust. These transactions, coded as will or inheritance events, did not involve any open-market buying or selling.

After these changes, Yates is shown with direct ownership of 79,284.5 Common Stock shares, including 469 restricted stock units granted under the 2025 Omnibus Incentive Plan that vest in full at the 2026 annual meeting of shareholders. A footnote also notes his beneficial ownership had previously been understated by 1.25 shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Yates Charles L.

Role Director

Type	Security	Shares	Price	Value
W	Common Stock	41,475	$0.00	--
W	Common Stock	31,106	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 0 shares (Indirect, By PCS Investments II LLC); Common Stock — 79,284.5 shares (Direct)

Footnotes (1)

1. The reported disposition occurred in connection with the passing of Peggy C. Smith on February 13, 2026. 469 of these shares represent 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. Previously, the Reporting Person had inadvertently under reported his beneficial ownership by 1.25 shares of Issuer's common stock.

Form 4 Insider Transactions: What Each Field Means →

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^*

Yates Charles L.

(Last) (First) (Middle)

C/O COMMERCIAL BANCGROUP, INC.

6710 CUMBERLAND GAP PARKWAY

(Street)

HARROGATE TENNESSEE 37752

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	02/13/2026		W	V	41,475(1)	D	$0	0	I	By PCS Investments II LLC
Common Stock	02/13/2026		W	V	31,106(1)	D	$0	0	I	By Peggy C. Smith Revocable Trust
Common Stock								79,284.5(2)(3)	D

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. The reported disposition occurred in connection with the passing of Peggy C. Smith on February 13, 2026.

2. 469 of these shares represent 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.

3. Previously, the Reporting Person had inadvertently under reported his beneficial ownership by 1.25 shares of Issuer's common stock.

	/s/ Philip J. Metheny, attorney-in-fact	03/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Commercial Bancgroup (CBK) report for Charles L. Yates?

Commercial Bancgroup director Charles L. Yates reported estate-related transfers of Common Stock held indirectly through PCS Investments II LLC and the Peggy C. Smith Revocable Trust. These were will or inheritance events, not open-market purchases or sales of CBK shares.

Did Charles L. Yates buy or sell Commercial Bancgroup (CBK) shares on the market?

No open-market buying or selling occurred in this report. The transactions reflect estate or inheritance transfers of indirectly held Commercial Bancgroup Common Stock, rather than discretionary trades based on market views of CBK.

How many Commercial Bancgroup (CBK) shares does Charles L. Yates hold after the reported transactions?

Following the reported estate-related transfers, Charles L. Yates directly holds 79,284.5 shares of Commercial Bancgroup Common Stock. This total includes both regular shares and a portion represented by restricted stock units tied to a company incentive plan.

What restricted stock units does Charles L. Yates hold in Commercial Bancgroup (CBK)?

Yates holds 469 restricted stock units granted under Commercial Bancgroup’s 2025 Omnibus Incentive Plan. Each unit represents a contingent right to receive one CBK common share, vesting 100% on the date of the company’s 2026 annual meeting of shareholders.

What does the footnote about Peggy C. Smith mean for Commercial Bancgroup (CBK) shares?

A footnote explains that the reported disposition was connected to the passing of Peggy C. Smith on February 13, 2026. This clarifies that the Commercial Bancgroup share movements were estate- or inheritance-driven rather than market trades by Charles L. Yates.

Why does the Commercial Bancgroup (CBK) filing mention a 1.25-share adjustment?

The report notes that Charles L. Yates had previously understated his beneficial ownership of Commercial Bancgroup Common Stock by 1.25 shares. This small correction aligns his disclosed holdings with the actual number of CBK shares attributed to him.