Form 4: NBT Bancorp CEO Scott Kingsley Sells Shares in Multiple Transactions

NBT Bancorp's CEO, Scott Kingsley, disposed of 1,606 shares of common stock on January 15, 2025, through multiple transactions.

Summary

• Scott Kingsley, the President and CEO of NBT Bancorp, sold a total of 1,606 shares of NBT Bancorp common stock on January 15, 2025.
• The sales were executed in multiple transactions at a price of $47.62 per share.
• Following these transactions, Mr. Kingsley directly owns 37,308 shares of NBT Bancorp common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by an executive, which is a routine event. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It does not indicate any specific trend in the banking industry.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, and this transaction is not unusual in the context of the financial industry.
• Similar transactions are regularly reported by executives at comparable financial institutions such as M&T Bank, KeyCorp, and Citizens Financial Group.

Stakeholder Impact

• The stock sale may have a minor impact on shareholder sentiment, but it is unlikely to significantly affect the company's overall performance.

Key Dates

Keywords

NBT Bancorp, Scott Kingsley, insider trading, stock sale, executive, share disposal