Form 4: NBT Bancorp Executive Acquires Shares Through Restricted Stock Unit Vesting
SEC Form 4 Filing
Shaunastar Hyle, EVP at NBT Bancorp, reports acquisition of shares through vesting of restricted stock units.
Summary
- On March 24, 2025, Shaunastar Hyle, an Executive Vice President at NBT Bancorp Inc., acquired 2,557 shares of NBT Bancorp Inc. Common Stock.
- The acquisition was a result of the vesting of restricted stock units, granted under the NBT Bancorp Inc. Omnibus Restricted Stock Unit Agreement.
- The shares were acquired at a price of $0.00.
- Following the transaction, Hyle directly owns 26,092 shares of NBT Bancorp Inc. Common Stock.
- Hyle also indirectly owns 1,024.9 shares through a 401k, 1.442 shares as custodian for a minor, and 327.417 shares through the NBT Bancorp ESOP.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects routine executive compensation practices and insider ownership, which can be seen as aligning management interests with shareholders.
Positives
- The vesting of restricted stock units aligns executive compensation with company performance and shareholder value.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence, as it demonstrates the executive's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/24/2025 | Date of transaction: Acquisition of shares through vesting of restricted stock units. |
| 03/26/2025 | Date of signature on the Form 4 filing. |
Keywords
NBT Bancorp, Shaunastar Hyle, restricted stock units, Form 4, insider trading, beneficial ownership, vesting, NBTB
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