Form 4: NBT Bancorp Director Sells Shares
Insider Transaction Filing
NBT Bancorp Inc. Director John H. Watt Jr. reported a sale of 21,000 shares of common stock.
Summary
- Director John H. Watt Jr. of NBT Bancorp Inc. sold 21,000 shares of common stock on June 9, 2026.
- The sale was executed at an average price of $47.4167 per share, with individual sale prices ranging from $47.3776 to $47.4363.
- Following this transaction, Mr. Watt Jr. beneficially owns 54,010 shares of NBT Bancorp Inc. common stock directly.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this filing as slightly negative due to a director selling a notable number of shares, although the exact implications are unclear without further context.
Negatives
- Director John H. Watt Jr. sold a significant number of shares (21,000) of NBT Bancorp Inc. common stock.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While a director selling shares can sometimes be perceived negatively, the context of the sale, such as diversification or personal financial needs, is not provided in this filing.
Stakeholder Impact
- Shareholders may view the sale by a director with caution, potentially impacting short-term investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/09/2026 | Transaction Date for the sale of NBT Bancorp Inc. common stock by John H. Watt Jr. |
| 06/10/2026 | Date of signature for the Form 4 filing. |
Recommendation
holdThe sale of shares by a director is a notable event, but without additional context regarding the reasons for the sale or the company's overall financial performance, a 'hold' recommendation is prudent. Further analysis of the company's financial health and strategic direction is advised before considering a stronger position.
Keywords
NBT Bancorp Inc., NBTB, Form 4, Insider Trading, Stock Sale, Director Transaction, Beneficial Ownership
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