Director William Grant adds CCBG (NASDAQ: CCBG) shares via stock award and DRIP
Rhea-AI Filing Summary
Capital City Bank Group director William E. Grant reported an acquisition of company stock through compensation and reinvestment programs. He received 265 shares of Common Stock on a grant or award basis at no stated price, bringing his directly held position to 31,696 shares after the transaction.
Footnotes explain that the shares were obtained through the Director Stock Purchase Plan, which is exempt from Section 16 short-swing profit rules, and that his total also now includes 129 shares accumulated via the company’s Dividend Reinvestment Plan since his last Form 4.
Positive
- None.
Negative
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Insights
Routine director share accumulation via plans, not an open-market trade.
Director William E. Grant acquired 265 Capital City Bank Group shares as a grant or award, with no cash price, and now holds 31,696 shares directly. This is a non-derivative award rather than an open-market purchase.
Footnotes clarify that the transaction occurred under the Director Stock Purchase Plan and that 129 additional shares were accumulated through the Dividend Reinvestment Plan. Both plan-based acquisitions are exempt from Section 16 short-swing profit rules, indicating a routine, programmatic increase in holdings rather than a discretionary market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 265 | $0.00 | $0.00 |
Footnotes (2)
- F1. Shares purchased through Director Stock Purchase Plan (DSPP) that are exempt from the short-swing profit provisions of Section 16 of the Securities Exchange Act of 1934.
- F2. Includes 129 shares acquired through the Registrant'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.
Key Figures
Key Terms
Director Stock Purchase Plan (DSPP) financial
Dividend Reinvestment Plan (DRIP) financial
short-swing profit provisions regulatory
Section 16 of the Securities Exchange Act of 1934 regulatory
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