Philip J. Metheny, Executive Vice President and Chief Financial Officer of Commercial Bancgroup, Inc. (NASDAQ:CBK), filed a Form 4 on August 27, 2026, disclosing two open-market purchases of the company's common stock on August 25 and August 26, 2026.

Key Highlights

  • First purchase: Metheny acquired 670 shares of common stock on August 25, 2026, at a price of $34.79 per share.
  • Second purchase: Metheny acquired 100 shares of common stock on August 26, 2026, at a price of $34.11 per share.
  • Post-transaction ownership: Following both purchases, Metheny beneficially owned 14,501.69 shares directly.
  • RSU inclusion: The beneficial ownership total includes 1,119 restricted stock units granted under the Commercial Bancgroup, Inc. 2025 Omnibus Incentive Plan.
  • RSU vesting schedule: The RSUs vest in three equal annual installments on January 1, 2027, January 1, 2028, and January 1, 2029.

CFO Share Purchases and RSU Grant Details for Commercial Bancgroup

According to the filing, Metheny executed two separate open-market purchases of Commercial Bancgroup common stock. On August 25, 2026, he acquired 670 shares at $34.79 per share, bringing his directly held beneficial ownership to 14,401.69 shares. The following day, August 26, 2026, he purchased an additional 100 shares at $34.11 per share, raising his total direct beneficial ownership to 14,501.69 shares.

The filing notes that the reported beneficial ownership figure of 14,501.69 shares includes an award of 1,119 restricted stock units granted pursuant to the Commercial Bancgroup, Inc. 2025 Omnibus Incentive Plan. According to the filing, "each RSU represents a contingent right to receive one share of the issuer's common stock." The RSUs are scheduled to vest in three equal annual installments on each of January 1, 2027, January 1, 2028, and January 1, 2029.

Both purchase transactions were coded "P" in the filing, indicating open-market purchases. No derivative securities transactions were reported in Table II of the form. Metheny signed the filing on August 27, 2026, in his capacity as EVP and Chief Financial Officer of Commercial Bancgroup, Inc., headquartered at 6710 Cumberland Gap Parkway, Harrogate, Tennessee 37752.

What Was Disclosed

The Form 4 disclosed two open-market purchases of Commercial Bancgroup common stock by CFO Philip J. Metheny on August 25 and 26, 2026, totaling 770 shares, along with previously granted restricted stock units included in his reported beneficial ownership.