Community Trust Bancorp Inc. has approved new incentive compensation plans for 2026. The Board has adopted a Senior Management Incentive Compensation Plan with three participation groups, covering the CEO, other executive officers, market presidents, selected officers, and senior vice presidents. Special option awards may be granted for extraordinary performance. In addition, a company-wide Employee Incentive Compensation Plan was approved for full-time employees not participating in other incentive programs. The Board also approved a Long-Term Incentive Compensation Plan for the Executive Committee. All plans allow for amendment or termination at the Board’s discretion, with limits on changing performance standards after the first 90 days of the year if such changes would increase payouts.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Community Trust Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000350852-26-000019), on January 28, 2026, and is solely responsible for the information contained therein.