Form 4: NBT Bancorp Director Sells Shares in Open Market Transaction

V. Daniel Robinson II, a director at NBT Bancorp, sold 194 shares of common stock at a price of $51.7028 per share.

Summary

• V. Daniel Robinson II, a director of NBT Bancorp, executed a sale of 194 shares of the company's common stock on December 11, 2024.
• The shares were sold at a price of $51.7028 per share.
• Following the transaction, Mr. Robinson directly owns 18,848.63 shares and indirectly owns 387,558 shares through a corporation.

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 transaction by a company insider, which is common in the financial industry and is required by the SEC.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC to ensure transparency in the market.
• The transaction is relatively small in volume compared to typical institutional trading activity, but is still relevant for tracking insider activity.
• Similar filings are made by directors and officers of all publicly traded companies, such as JP Morgan Chase, Bank of America, and Wells Fargo, when they trade their company's stock.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a small sale by a single director.

Key Dates

Keywords

NBT Bancorp, Director, Stock Sale, Insider Trading, Form 4, Equity Securities