Form 4: NBT Bancorp Director Gifts 12,255 Shares

NBT Bancorp Inc. Director David J. Nasca reported gifting 12,255 shares of common stock.

Summary

• David J. Nasca, a Director of NBT Bancorp Inc. (NBTB), reported a transaction involving the company's common stock.
• On October 30, 2025, Nasca disposed of 12,255 shares of NBT Bancorp Inc. Common Stock.
• The transaction was coded as a gift ('G'), with a reported price of $0.0 per share.
• Following this transaction, Nasca directly beneficially owns 70,655 shares and indirectly owns 2,133 shares through a trust.

Sentiment

Score: 5

Explanation: The transaction is a personal gift of shares by a director and does not reflect on the company's operational performance or financial health, thus it is considered neutral.

Related Party Transactions

• The filing indicates a gift of shares, but does not specify the recipient, so it is not possible to determine if it constitutes a related party transaction.

Stakeholder Impact

• Shareholders will note a change in the direct beneficial ownership of a director, but this single gift transaction is unlikely to have a significant impact on the company's overall stakeholder relations.

Key Dates

Recommendation

The filing reports a director's gift of shares, which is a personal transaction and does not provide new information regarding the company's operational performance, financial health, or strategic direction that would alter an investment thesis. Therefore, a 'hold' recommendation is maintained.

Keywords

NBT Bancorp, NBTB, Insider Transaction, Director, Stock Gift, Common Stock, Form 4