Form 4: NBT Bancorp Director Jason David Brown Acquires Shares Under Incentive Plan

Director Jason David Brown acquired 1,032 shares of NBT Bancorp Inc. common stock on May 20, 2025, under the company's 2024 Omnibus Incentive Plan.

Summary

• Jason David Brown, a director of NBT Bancorp Inc., acquired 1,032 shares of the company's common stock on May 20, 2025.
• The acquisition was made under the NBT Bancorp Inc. 2024 Omnibus Incentive Plan.
• The shares were acquired at a price of $0.0.
• Following the transaction, Brown directly owns 7,014 shares of NBT Bancorp Inc. common stock.
• Outside directors are entitled to receive an annual retainer for Board service in the form of restricted stock units of the Company's common stock that vest in one year.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares is a routine transaction under an existing incentive plan, suggesting confidence in the company's prospects.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The incentive plan aligns director compensation with company performance.

Industry Context

This type of transaction is common for directors of publicly traded companies, as they often receive stock options or restricted stock as part of their compensation packages. This aligns their interests with those of shareholders.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

NBT Bancorp, Director, Share Acquisition, Incentive Plan, Form 4, Beneficial Ownership, NBTB, Stock