Form 4: NBT Bancorp Director Timothy E. Delaney Acquires Shares Under Incentive Plan

Director Timothy E. Delaney acquired 1,032 shares of NBT Bancorp Inc. common stock on May 20, 2025, under the company's 2024 Omnibus Incentive Plan.

Summary

• On May 20, 2025, Timothy E. Delaney, a director of NBT Bancorp Inc., acquired 1,032 shares of the company's common stock.
• The acquisition was made under the NBT Bancorp Inc. 2024 Omnibus Incentive Plan.
• These shares were awarded as part of the annual retainer for Board service, in the form of restricted stock units that vest in one year.
• Following the transaction, Delaney directly owns 39,885 shares of NBT Bancorp Inc. common stock.
• Delaney also indirectly owns 8,987 shares through a spouse as custodian.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and well-governed company. The sentiment is neutral to positive.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The incentive plan aligns the interests of directors with those of shareholders.

Future Outlook

The restricted stock units vest in one year, suggesting a commitment from the director for at least that period.

Industry Context

Director share acquisitions are common in the financial industry as part of compensation packages and to align director interests with shareholder value.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates

Keywords

NBT Bancorp, Director, Share Acquisition, Incentive Plan, Stock, NBTB, Beneficial Ownership