Community Trust Bancorp, Inc. has recently released its 10-K report, providing a comprehensive overview of its operations. The company, headquartered in Pikeville, Kentucky, operates as a bank holding company for Community Trust Bank, Inc., offering a range of commercial and personal banking, trust, and wealth management services. Its services include accepting various types of deposits, providing a diverse loan portfolio, cash management, safe deposit box rentals, funds transfer services, and securities brokerage services. The company primarily serves small and mid-sized communities in Kentucky, West Virginia, and Tennessee.
In the recently released 10-K report, Item 12 discusses the security ownership of certain beneficial owners and management, as well as related shareholder matters. It highlights the equity compensation plans maintained by Community Trust Bancorp, Inc. as of December 31, 2025. The report states that the company had one active and one inactive incentive stock ownership plan covering key employees at the end of 2025. The active 2025 Employee Stock Ownership Incentive Plan had 550,000 shares authorized, all of which were available at the end of the fiscal year. Additionally, the 2015 Stock Ownership Incentive Plan was rendered inactive as of February 1, 2025. The report provides detailed information on the number of common shares to be issued upon exercise, weighted average price, and the number of securities available for future issuance under the equity compensation plans. Further details regarding these plans can be found in notes 1 and 16 to the consolidated financial statements contained in the 10-K report. Following these announcements, the company's shares moved -0.4%, and are now trading at a price of $59.61. For the full picture, make sure to review COMMUNITY TRUST BANCORP INC /KY/'s 10-K report.
