Form 4: NBT Bancorp Director V. Daniel Robinson II Sells Shares
SEC Form 4
Director V. Daniel Robinson II of NBT Bancorp Inc. reports selling shares of common stock on September 11 and 12, 2024.
Summary
- V. Daniel Robinson II, a director of NBT Bancorp Inc., sold shares of the company's common stock.
- On September 11, 2024, 20,000 shares were sold at a price of $44.1013 per share.
- On September 12, 2024, 50,000 shares were sold at an average price of $43.8432 per share.
- Following these transactions, Robinson directly owns 19,042.63 shares and indirectly owns 467,558 shares through a corporation.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It is common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | 20,000 shares of NBT Bancorp Inc. Common Stock sold at $44.1013 |
| 09/12/2024 | 50,000 shares of NBT Bancorp Inc. Common Stock sold at an average of $43.8432 |
| 09/13/2024 | Date of signature by Annette L. Burns, Power of Attorney |
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