NBTB.NASDAQNbt Bancorp INC

Form 4: NBT Bancorp EVP Acquires Shares Through Restricted Stock Unit Vesting

Sentiment:

SEC Form 4


Annette L. Burns, EVP & Chief Financial Officer of NBT Bancorp, acquired 2,953 shares of common stock through the vesting of restricted stock units.

Summary

  • On March 24, 2025, Annette L. Burns, EVP & Chief Financial Officer of NBT Bancorp Inc. (NBTB), acquired 2,953 shares of NBT Bancorp Inc. common stock.
  • The acquisition was a result of the vesting of restricted stock units under the NBT Bancorp Inc. Omnibus Restricted Stock Unit Agreement.
  • The shares were acquired at a price of $0.00.
  • Following the transaction, Burns directly owns 21,205.198 shares of NBT Bancorp Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to executive compensation. There is no indication of significant positive or negative implications for the company.

Positives

  • The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Executive stock ownership is a common practice in publicly traded companies and is often viewed as aligning management's interests with those of shareholders.

Stakeholder Impact

  • The transaction could have a slightly positive impact on shareholders as it signals confidence from a key executive.

Key Dates

DateDescription
03/24/2025Date of transaction: Annette L. Burns acquired shares of NBT Bancorp Inc. common stock.
03/26/2025Signature date of the reporting person.

Keywords

NBT Bancorp, Annette L. Burns, restricted stock units, EVP, Chief Financial Officer, NBTB, share acquisition, vesting

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