Form 4: NBT Bancorp CEO Disposes of Shares for Tax Withholding
Insider Trading Report
NBT Bancorp Inc. President and CEO Scott Allen Kingsley reported a disposition of 361 shares of common stock at $42.53 per share to satisfy tax withholding obligations.
Summary
- Scott Allen Kingsley, President & CEO of NBT Bancorp Inc., reported a transaction on July 15, 2025.
- The transaction involved the disposition of 361 shares of NBT Bancorp Inc. Common Stock.
- The shares were disposed of at a price of $42.53 per share.
- This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
- Following this transaction, Scott Allen Kingsley beneficially owns 47,429 shares of NBT Bancorp Inc. Common Stock.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition for tax withholding purposes, which is generally neutral and not indicative of positive or negative sentiment regarding the company's future prospects.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, small-scale transaction for tax purposes by an insider, not indicative of a change in company fundamentals or strategy.
Key Dates
| Date | Description |
|---|---|
| 07/15/2025 | Date of the reported transaction (disposition of shares). |
| 07/16/2025 | Date the Form 4 was filed with the SEC. |
Keywords
NBT Bancorp, NBTB, Scott Allen Kingsley, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.