secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY TRUST BANCORP INC /KY/ (CTBI)
CIK:        0000350852
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0000350852-26-000019
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTBI raises executive salaries, awards 2025 bonuses, adopts 2026 incentive plans
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- CEO Mark Gooch salary increased to $775,000; CFO Kevin Stumbo to $420,000.
- NEOs awarded 2025 cash bonuses: CEO $543,750; CFO $180,000; others $176,850 and $157,500.
- Long-term incentive cash awards paid: CEO $196,650; CFO $53,025.
- Restricted stock granted to NEOs; CEO receives 2,481 shares, vesting ratably over 4 years.
- 2026 incentive plans approved with target net income $107.2M, ROAA 1.56%, EPS $5.90.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350852/000035085226000019/0000350852-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350852/000035085226000019/execcomp_incplan8k.htm
  HTML page:      https://secwatch.observer/filing/0000350852-26-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer