Form 4: NBT Bancorp Director Receives Restricted Stock Units
Statement of Changes in Beneficial Ownership
NBT Bancorp Inc. director V. Daniel Robinson II acquired 1,050 restricted stock units under the company's 2024 Omnibus Incentive Plan.
Summary
- V. Daniel Robinson II, a Director at NBT Bancorp Inc., acquired 1,050 shares of the company's common stock on May 19, 2026.
- This acquisition was made under the NBT Bancorp Inc. 2024 Omnibus Incentive Plan.
- The restricted stock units vest in one year, as is standard for outside director annual retainers.
- Following this transaction, Robinson beneficially owns 21,754.853 shares directly and 387,558 shares indirectly through a corporation.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine director compensation event rather than a significant strategic or financial development.
Positives
- Director compensation aligns with company stock ownership, potentially aligning incentives.
- Acquisition of stock units by a director indicates continued commitment to the company.
Future Outlook
The restricted stock units acquired by V. Daniel Robinson II are set to vest in one year, indicating a future potential increase in his direct beneficial ownership.
Industry Context
StockSavvy.ai notes that the issuance of restricted stock units to directors is a common practice in the financial services industry to incentivize long-term performance and align executive interests with shareholders.
Stakeholder Impact
- Shareholders: The alignment of director compensation with stock ownership may be viewed positively, potentially leading to decisions that benefit shareholder value.
Next Steps
- The restricted stock units will vest in one year from the acquisition date.
Key Dates
| Date | Description |
|---|---|
| 05/19/2026 | Transaction Date for acquisition of restricted stock units. |
| 05/21/2026 | Date of signature for the filing. |
Keywords
NBT Bancorp, NBTB, Form 4, SEC Filing, Director Compensation, Restricted Stock Units, Omnibus Incentive Plan, Beneficial Ownership
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