Form 4: NBT Bancorp Director Sells 10,000 Shares

John H. Watt Jr., a director at NBT Bancorp, sold 10,000 shares of company stock at an average price of $49.4047.

Summary

• John H. Watt Jr., a director of NBT Bancorp, sold 10,000 shares of the company's common stock on November 15, 2024.
• The shares were sold at an average price of $49.4047, with individual sale prices ranging between $49.00 and $49.855.
• Following the transaction, Mr. Watt directly owns 125,301 shares of NBT Bancorp stock.
• He also indirectly owns 6,156.128 shares through a 401k.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no inherent 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 for compliance with insider trading regulations.

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 other financial institutions such as JP Morgan Chase, Bank of America, and Wells Fargo.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial health.

Key Dates

Keywords

NBT Bancorp, stock sale, insider trading, director, John H. Watt Jr., share transaction