Form 4: NBT Bancorp CEO Scott Kingsley Reports Stock Disposals
SEC Form 4 Filing
Scott Kingsley, President & CEO of NBT Bancorp, reports the disposal of company stock to cover tax obligations.
Summary
- Scott Allen Kingsley, President & CEO of NBT Bancorp, filed a Form 4 detailing changes in beneficial ownership.
- On July 15, 2024, Kingsley disposed of 361 shares of NBT Bancorp Inc. Common Stock at a price of $43.08 per share.
- On July 15, 2024, Kingsley disposed of 421 shares of NBT Bancorp Inc. Common Stock at a price of $43.08 per share.
- Following these transactions, Kingsley directly owns 38,914 shares of NBT Bancorp Inc. Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of stock disposal transactions |
| 07/16/2024 | Date of signature on the Form 4 filing |
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