Form 4: NBT Bancorp Director John H. Watt Jr. Reports Stock Grant and Updated Holdings
SEC Form 4 Filing
Director John H. Watt Jr. reports receiving a stock grant and updating his beneficial ownership in NBT Bancorp Inc.
Summary
- On October 31, 2024, John H. Watt Jr., a director of NBT Bancorp Inc., reported a transaction involving the company's common stock.
- Watt received 7,800 shares of NBT Bancorp Inc. Common Stock as a grant.
- Following the transaction, Watt directly owns 135,301 shares of NBT Bancorp Inc. Common Stock.
- Watt also indirectly owns 6,156.128 shares through a 401k.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The document indicates an increase in the director's stake in the company, which can be seen as a positive sign of confidence.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of the transaction (stock grant). |
| 11/01/2024 | Date of signature on the report. |
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