Form 4: Bank of N.T. Butterfield & Son CFO Receives Stock Grant
Insider Transaction (Form 4)
Michael Schrum, Chief Financial Officer of Bank of N.T. Butterfield & Son Ltd, reported multiple transactions in common stock on August 9, 2026.
Summary
- Grant/award: acquired 73,208 Ordinary shares on August 9, 2026; holds 275,247 after (Direct).
- Option exercise/conversion: disposed of 73,208 Restricted Stock Units - EDIP on August 9, 2026; holds 171,611 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Michael Schrum — Officer (Chief Financial Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-09 | Grant/award | Ordinary shares | 73,208 | — | — | 275,247 |
| 2026-08-09 | Option exercise/conversion | Restricted Stock Units - EDIP | 73,208 | — | — | 171,611 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-09 | Grant/award (73,208 shares) |
| 2026-08-09 | Option exercise/conversion (73,208 shares) |
Keywords
insider transaction, Form 4, NTB, Bank of N.T. Butterfield & Son Ltd, neutral, Michael Schrum
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