NBTB.NASDAQNbt Bancorp INC

Form 4: NBT Bancorp CEO Scott Kingsley Reports Acquisition of 8,482 Shares

Sentiment:

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

DateDescription
03/24/2025Date of transaction: Acquisition of 8,482 shares of NBT Bancorp Inc. common stock.
03/26/2025Date of signature on the Form 4 filing.

Keywords

NBT Bancorp, Scott Allen Kingsley, stock acquisition, Form 4, insider trading, restricted stock units, NBTB

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