Capital City Bank Group Insider Adds to Stake in Modest DSPP Purchase

Rhea-AI Filing Summary

Capital City Bank Group, Inc. (CCBG) filed a Form 4 reporting a minor open-market purchase by director Bonnie J. Davenport on 07/08/2025.

• Transaction: 14 common shares acquired through the Director Stock Purchase Plan (DSPP); exempt from short-swing profit rules.
• Post-transaction ownership: 7,746 direct shares, which now also reflects 44 dividend-reinvestment shares accumulated since the prior filing.
• No derivative securities were reported, and no dispositions occurred.

The acquisition represents an immaterial increase (<1% of the director’s holdings and an insignificant percentage of CCBG’s 16 million-plus shares outstanding). While insider buying can be viewed as a vote of confidence, the scale suggests limited market impact.

Positive

• Continued insider buying—even small—can indicate director faith in CCBG’s prospects.
• Compliance clarity: transaction executed under DSPP and fully exempt, underscoring strong governance adherence.

Negative

• Immaterial size: 14 shares is too small to carry informational or financial weight for investors.
• No pricing data disclosed; inability to assess premium/discount paid versus market.

Insights

Securities Analyst

TL;DR: Routine Form 4 shows director bought 14 shares; symbolic confidence, immaterial to valuation.

The purchase adds roughly US$450-500 in market value, assuming CCBG trades near US$35 per share. Such micro-sized DSPP transactions are automatic, not strategic. They neither alter float nor signal major informational advantage. The director’s cumulative 7,746-share stake aligns personal incentives with shareholders, but the filing is non-impactful for earnings, capital or liquidity metrics.

Corporate Governance Expert

TL;DR: Governance positive; continuous participation in DSPP and DRIP shows alignment, yet scale is de-minimis.

Consistent insider accumulation via board plans demonstrates adherence to policy and long-term engagement. Exemption clauses confirm compliance with Section 16 rules. However, the negligible share count makes it unlikely to sway institutional investors' governance assessments or proxy voting decisions.

Insider Trade Summary

Net Buyer: 14 shares

Net Buy 1 txn

Insider Davenport Bonnie

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	14	$0.00	$0.00

Holdings After Transaction: Common Stock — 7,746 shares (Direct)

Footnotes (2)

1. F1. Shares purchased through CCBG's Director Stock Purchase Plan (DSPP) that are exempt from the short-swing profit provisions of Section 16 of the Securities Exchange Act of 1934.
2. F2. Includes 44 shares acquired through CCBG's Dividend Reinvestment Plan (DRIP) since the reporting person's last Form 4 filing that were exempt from the reporting and short-swing profit provisions of Section16 of the Securities Exchange Act of 1934.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 07/10/2025 - 08:47 AM Learn about SEC filing dates

FAQ

How many CCBG shares did director Bonnie Davenport buy?

She acquired 14 common shares on 07/08/2025 through the Director Stock Purchase Plan.

What is Bonnie Davenport’s total direct ownership in CCBG after the transaction?

Her direct holdings increased to 7,746 shares post-transaction.

Were any derivative securities involved in this Form 4 filing for CCBG?

No. Table II reports zero derivative securities acquired, disposed of, or owned.

Does this filing signal significant insider confidence in CCBG?

The purchase is positive but too small to be materially significant for market interpretation.

Is the transaction exempt from short-swing profit rules?

Yes. It was executed under CCBG’s Director Stock Purchase Plan, making it exempt under Section 16 provisions.

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^*

Davenport Bonnie

(Last) (First) (Middle)

2104 LEE AVENUE

(Street)

TALLAHASSEE FL 32308

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CAPITAL CITY BANK GROUP INC [ CCBG ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/08/2025

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	07/08/2025		A		14(1)	A	$0	7,746(2)	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. Shares purchased through CCBG's Director Stock Purchase Plan (DSPP) that are exempt from the short-swing profit provisions of Section 16 of the Securities Exchange Act of 1934.

2. Includes 44 shares acquired through CCBG's Dividend Reinvestment Plan (DRIP) since the reporting person's last Form 4 filing that were exempt from the reporting and short-swing profit provisions of Section16 of the Securities Exchange Act of 1934.

	/s/ Bonnie J. Davenport	07/10/2025
	** 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.