Form 4: NBT Bancorp Director Jack H. Webb Sells 10,000 Shares

Director Jack H. Webb sold 10,000 shares of NBT Bancorp stock at an average price of $50.0567 per share.

Summary

• Jack H. Webb, a director at NBT Bancorp Inc., sold 10,000 shares of the company's common stock on November 22, 2024.
• The shares were sold at an average price of $50.0567 per share.
• The sale was executed under a pre-arranged trading plan.
• Following the transaction, Mr. Webb directly owns 45,018 shares and indirectly owns 217 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director, which is a routine event and does not indicate any positive or negative sentiment.

Industry Context

This is a routine disclosure of a stock sale by a company director, which is common in the financial industry. Such transactions are closely monitored by investors for insights into management's view of the company's prospects.

Comparison to Industry Standards

• Director stock sales are a common occurrence in publicly traded companies, and this transaction is within the normal range of such activities.
• Similar transactions are regularly reported by directors and officers of comparable financial institutions.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or other stakeholders.

Key Dates

Keywords

NBT Bancorp, insider trading, stock sale, director, Form 4, equity securities