NBTB.NASDAQNbt Bancorp INC

Form 4: NBT Bancorp Director V. Daniel Robinson II Acquires Shares Under Incentive Plan

Sentiment:

SEC Form 4


Director V. Daniel Robinson II acquired 1,032 shares of NBT Bancorp Inc. common stock under the company's 2024 Omnibus Incentive Plan.

Summary

  • V. Daniel Robinson II, a director of NBT Bancorp Inc., acquired 1,032 shares of the company's common stock on May 20, 2025.
  • 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, vesting in one year.
  • Following the transaction, Robinson directly owns 20,381.943 shares and indirectly owns 387,558 shares through a corporation.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment due to alignment of interests.

Positives

  • The acquisition of shares by a director demonstrates alignment with shareholder interests.
  • The incentive plan encourages directors to contribute to the company's long-term success.

Industry Context

Director share acquisitions are common in the banking industry as part of compensation and incentive programs, aligning director interests with those of shareholders.

Stakeholder Impact

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

Key Dates

DateDescription
05/20/2025Date of transaction: V. Daniel Robinson II acquired shares of NBT Bancorp Inc. common stock.
05/21/2025Date of signature: Annette L. Burns, Power of Attorney For: V. Daniel Robinson II signed the document.

Keywords

NBT Bancorp, Director, Share Acquisition, Incentive Plan, V. Daniel Robinson II, Common Stock, Ownership

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