Form 4: NBT Bancorp CEO Scott Kingsley Reports Acquisition of 8,482 Shares
SEC Form 4
NBT Bancorp's President and CEO, Scott Allen Kingsley, reports acquiring 8,482 shares of common stock on March 24, 2025, bringing his total holdings to 47,790 shares.
Summary
- Scott Allen Kingsley, President & CEO of NBT Bancorp Inc., reported a transaction on March 24, 2025.
- Kingsley acquired 8,482 shares of NBT Bancorp Inc. common stock.
- The acquisition price was $0.0.
- Following the transaction, Kingsley directly owns 47,790 shares of NBT Bancorp Inc. common stock.
- The shares were acquired under the NBT Bancorp Inc. Omnibus Restricted Stock Unit Agreement, which vests 20% annually.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction related to executive compensation. The CEO acquiring shares is generally a positive sign, but it's part of a pre-arranged plan.
Positives
- The CEO's acquisition of shares may signal confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects, although they don't always indicate a definitive trend.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/24/2025 | Date of transaction: Acquisition of 8,482 shares of NBT Bancorp Inc. common stock. |
| 03/26/2025 | Date of signature on the Form 4 filing. |
Keywords
NBT Bancorp, Scott Allen Kingsley, stock acquisition, Form 4, insider trading, restricted stock units, NBTB
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.