Form 4: NBT Bancorp Director Johanna R. Ames Acquires Shares Under Incentive Plan

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

Summary

• Johanna R. Ames, 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 $0.00.
• Following the transaction, Ms. Ames directly owns 6,543 shares and indirectly owns 204,186 shares through a trust.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction under an existing incentive plan, suggesting a neutral to slightly positive sentiment due to insider confidence.

Positives

• The acquisition of shares by a director signals confidence in the company's future.
• The incentive plan aligns the interests of directors with those of shareholders.

Future Outlook

The document does not contain specific forward-looking statements, but the incentive plan suggests a continued commitment to rewarding board members with company stock.

Industry Context

This type of stock award is common in the banking industry to align director compensation with company performance and shareholder value.

Comparison to Industry Standards

• Many publicly traded companies, including regional banks like NBT Bancorp, use stock-based compensation plans for their directors.
• These plans often involve the grant of restricted stock units (RSUs) that vest over time, aligning director interests with long-term shareholder value.
• Comparable companies such as Community Bank System Inc. and Tompkins Financial Corporation also utilize similar incentive plans for their board members.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.
• The incentive plan aligns the interests of the board with those of the shareholders.

Key Dates

Keywords

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