Form 4: NBT Bancorp EVP Amy Wiles Sells 1,000 Shares
SEC Form 4
Amy Wiles, EVP, Chief Risk and Credit of NBT Bancorp Inc., sold 1,000 shares of NBTB stock at $50.1 per share on November 7, 2024.
Summary
- On November 7, 2024, Amy Wiles, the EVP, Chief Risk and Credit of NBT Bancorp Inc. (NBTB), sold 1,000 shares of the company's common stock.
- The shares were sold at a price of $50.1 per share.
- Following the transaction, Wiles directly owns 27,909 shares of NBT Bancorp Inc. common stock.
Sentiment
Score: 5
Explanation: The document simply reports a transaction. It's neutral in sentiment as it doesn't convey any positive or negative outlook for the company.
Industry Context
Insider sales are a common occurrence and are often scrutinized by investors for signals about a company's prospects. However, they can be driven by a variety of personal financial planning reasons and do not always indicate a negative outlook.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of transaction: Amy Wiles sold 1,000 shares of NBTB stock. |
| 11/08/2024 | Date of report. |
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