EVP Leonard Bateman bought 5,169 shares for $84,786.69 and sold 5,069 shares for $82,772.71, net +100 shares at CBAN
Leonard Bateman Jr., EVP & Chief Credit Officer, executed two separate transactions on consecutive dates: a purchase of 5,169 shares at $16.40 on 2025-08-19 for $84,786.69, followed by a sale of 5,069 shares at $16.33 on 2025-08-20 for $82,772.71, resulting in a net acquisition of 100 shares. The near-simultaneous buy-and-sell at nearly identical prices ($16.40 and $16.33) with a minimal net gain of 100 shares suggests these may have been offsetting or roll-over transactions rather than a discretionary conviction play. His prior two buys at CBAN (2024-02-23 and 2023-05-23) both posted positive 90-day returns of 7.0% and 10.6%, demonstrating his historical timing accuracy at this ticker; however, the current price of $17.15 is -3.9% from the 52-week high and down 3.6% over the past 30 days, providing a less favorable backdrop. The filing warrants examination of whether this transaction reflects scheduled rebalancing or carries material strategic significance.