Form 4: NBT Bancorp EVP Sells Shares for Tax Obligations
Insider Transaction Report
NBT Bancorp's EVP of Retail Community Banking, Shaunastar Hyle, disposed of common stock shares on January 15, 2026, to cover tax liabilities.
Summary
- Shaunastar Hyle, Executive Vice President of Retail Community Banking at NBT Bancorp Inc. (NBTB), reported transactions involving the company's common stock.
- On January 15, 2026, Hyle disposed of a total of 968 shares of NBT Bancorp Inc. Common Stock.
- The shares were disposed of at a price of $43.71 per share.
- These transactions were identified with transaction code 'F', indicating payment of tax liability by withholding securities.
- Following these reported transactions, Hyle directly beneficially owns 25,124 shares of NBT Bancorp Inc. Common Stock.
- Hyle also indirectly beneficially owns 1,024.9 shares in a 401k, 1.442 shares as Custodian for a Minor, and 327.417 shares in the NBT Bancorp ESOP.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a mandatory disclosure of a routine, non-discretionary insider transaction (sale for tax liability) and does not reflect a change in management's confidence or company performance.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This is a routine insider transaction filing (Form 4) common across all publicly traded companies, reflecting an executive's disposition of shares, typically for tax purposes related to equity compensation. It does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact, as the transaction is a routine, non-discretionary sale to cover tax obligations, not indicative of a change in the executive's confidence in the company's prospects.
- Employees: No direct impact on the broader employee base.
- Customers: No direct impact on customer relations or services.
Key Dates
| Date | Description |
|---|---|
| 01/15/2026 | Date of reported transactions for disposition of common stock. |
| 01/16/2026 | Date the Form 4 was signed and filed. |
Keywords
NBT Bancorp, NBTB, Insider Transaction, Form 4, Common Stock, Tax Liability, Executive Compensation
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