secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY TRUST BANCORP INC /KY/ (CTBI)
CIK:        0000350852
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0000350852-22-000022
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jean R. Hale retires as CEO; Mark A. Gooch to succeed effective Feb 7, 2022
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- Jean R. Hale retires effective Feb 7, 2022; Mark A. Gooch becomes CEO.
- Base salaries increased: Gooch $630K, Stumbo $340K, Draughn $330K, Jones $320K.
- 2021 cash incentive awards: Hale $700K, Gooch $392K, Stumbo $195K, Draughn $187.2K, Jones $185.4K.
- Long-term incentive awards: Hale $390K, Gooch $207K, Stumbo $88.5K, Draughn $87K, Jones $87K.
- Restricted stock grants: Hale 3,539, Gooch 2,168, Stumbo 1,232, Draughn 1,183, Jones 1,172 shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350852/000035085222000022/0000350852-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350852/000035085222000022/ctbi8k2022execcomp.htm
  HTML page:      https://secwatch.observer/filing/0000350852-22-000022

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