Community Trust Bancorp (CTBI) director adds 301 DRIP-acquired shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMMUNITY TRUST BANCORP INC director James E. McGhee II reported an increase in his direct holdings of common stock. On 2026-04-28, he acquired 301 shares of Common Stock at $66.46 per share in a grant, award, or other acquisition, with the footnote explaining these shares were acquired under the company’s Dividend Reinvestment Plan (DRIP). Following this transaction, his primary direct holdings rose to 36,621.338 shares. A separate entry also reports a direct holding of 770 shares of Common Stock, indicating additional directly held shares outside the DRIP-related account.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McGhee James E II
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 301 | $66.46 | $20K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 36,621.338 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 301 shares
Acquisition price: $66.46 per share
Direct holdings after main transaction: 36,621.338 shares
+3 more
6 metrics
Shares acquired
301 shares
Grant, award, or other acquisition on 2026-04-28
Acquisition price
$66.46 per share
Price for 301 acquired shares of Common Stock
Direct holdings after main transaction
36,621.338 shares
Total Common Stock directly held after acquisition entry
Additional direct holding
770 shares
Separate Common Stock holding reported as a holding entry
DRIP acquisition date example
335.1570 shares
Shares acquired under DRIP on 01/02/2026 per footnote
Second DRIP acquisition date example
309.9305 shares
Shares acquired under DRIP on 04/01/2026 per footnote
Key Terms
Dividend Reinvestment Plan (DRIP), Grant, award, or other acquisition, Common Stock
3 terms
Dividend Reinvestment Plan (DRIP) financial
"The following shares were acquired under the Community Trust Bancorp, Inc. Dividend Reinvestment Plan (DRIP)."
A dividend reinvestment plan (DRIP) is a program that automatically uses the cash dividends an investor receives to buy additional shares (or fractions of shares) of the same company instead of paying out cash. Like a snowball that quietly grows larger, it helps investors compound returns over time, increase ownership without manual trades or commission costs, and change future income streams — though dividends used are still taxable as income.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CTBI director James E. McGhee II report?
Director James E. McGhee II reported acquiring 301 shares of Community Trust Bancorp common stock. The acquisition was coded as a grant, award, or other acquisition and tied to the company’s Dividend Reinvestment Plan, indicating a non-open-market, reinvestment-based increase in holdings.
Is the CTBI Form 4 transaction an open-market purchase or a grant/plan acquisition?
The Form 4 classifies the transaction with code A, described as a grant, award, or other acquisition, not an open-market purchase. The accompanying footnote links it to the Dividend Reinvestment Plan, confirming the shares arose from dividend reinvestment activity and related plan mechanics.