Capital City Bank Group Director Purchase: Form 4 Filed
Rhea-AI Filing Summary
Bonnie J. Davenport, a director of Capital City Bank Group, reported an equity transaction on Form 4 showing shares acquired on 09/04/2025 through the issuer's Director Stock Purchase Plan (DSPP). The filing shows a non-derivative transaction coded A with an explanatory note that the purchased shares are exempt from the short-swing profit provisions of Section 16. Following the reported transaction, Ms. Davenport beneficially owned 7,984 shares. The Form 4 is signed by the reporting person on 09/08/2025.
Positive
- Director purchase recorded under the Director Stock Purchase Plan, indicating insider alignment with shareholder interests
- Shares are exempt from short-swing profit provisions, clarifying the legal treatment of the transaction
Negative
- None.
Insights
TL;DR: Routine director stock purchase under the company DSPP; no sale or material dilution reported.
The Form 4 documents a purchase by an insider via the Director Stock Purchase Plan on 09/04/2025. The filing states the shares are exempt from short-swing profit rules, which is typical for DSPP-acquired shares when specific conditions apply. The reporting person holds 7,984 shares after the purchase. This disclosure is procedural and does not indicate changes in control, debt structure, or company operations.
TL;DR: Compliance-focused disclosure showing an insider buying shares through a plan; governance impact is minimal.
The report is consistent with standard governance practices where directors participate in structured purchase plans. The explicit note about exemption from short-swing provisions clarifies the legal treatment of the transaction. No other governance actions, resignations, or related-party transactions are disclosed in this filing.