Form 4: NBT Bancorp Director Sells 40,000 Shares

NBT Bancorp director Timothy E. Delaney sold 40,000 shares of common stock at an average price of $51.4737 on November 11, 2024.

Summary

• NBT Bancorp director Timothy E. Delaney sold 40,000 shares of the company's common stock on November 11, 2024.
• The shares were sold at an average price of $51.4737.
• The sale was executed at prices ranging from $51.0101 to $51.70 per share.
• Following the transaction, Mr. Delaney directly owns 38,853 shares and indirectly owns 8,701 shares through his spouse as custodian.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine disclosure of a stock sale by a company director, which is a common occurrence in the financial industry. It does not indicate any specific trend or issue within the banking sector.

Comparison to Industry Standards

• Director stock sales are a normal part of corporate activity and are regularly disclosed by public companies.
• The sale by Mr. Delaney is similar to other director sales in terms of reporting requirements and transparency.
• There is no indication that this sale is unusual compared to similar transactions by directors in comparable financial institutions.

Stakeholder Impact

• The stock sale may have a minor impact on the stock price, but it is unlikely to be significant given the volume of shares traded daily.
• The sale does not directly impact employees, customers, or suppliers.

Key Dates

Keywords

NBT Bancorp, stock sale, insider trading, director, equity securities, common stock