Form 4: NBT Bancorp Executive Reports Routine Stock Disposition

Ruth H. Mahoney, EVP/President of Wealth Management at NBT Bancorp Inc., reported the disposition of 942 shares of common stock for tax withholding purposes.

Summary

• Ruth H. Mahoney, an Executive Vice President/President of Wealth Management and Director at NBT Bancorp Inc. (NBTB), reported transactions on January 15, 2026.
• Mahoney disposed of a total of 942 shares of NBT Bancorp Inc. Common Stock across four separate transactions.
• Each disposition was executed at a price of $43.71 per share.
• The transactions were coded as "F," indicating a disposition to cover tax withholding obligations upon the vesting of equity awards.
• Following these transactions, Mahoney directly beneficially owns 16,661.142 shares of common stock.
• Mahoney also indirectly owns 3,495.563 shares through a 401k plan and holds 9,287.828 shares of phantom stock, which are deemed invested in NBT Bancorp Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The disposition of shares is for tax withholding purposes (transaction code 'F'), which is a non-discretionary event and does not typically reflect management's sentiment about the company's future prospects. The insider retains significant holdings.

Positives

• The transactions are routine dispositions for tax withholding, not discretionary sales, which typically do not signal a lack of confidence in the company.
• Ruth H. Mahoney retains significant direct and indirect beneficial ownership in NBT Bancorp Inc. common stock and phantom stock, totaling over 29,000 shares.

Negatives

• The disposition of shares, even for tax purposes, reduces the insider's direct equity stake in the company.

Risks

• No specific company-related risks are mentioned in this Form 4 filing.

Future Outlook

N/A. This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, common across all publicly traded companies. It reflects standard compensation practices involving equity awards and subsequent tax obligations, rather than a strategic industry move or response to market trends.

Stakeholder Impact

• Shareholders: Minimal impact, as it's a routine, non-discretionary transaction for tax purposes.
• Employees: Reflects standard equity compensation practices for executives.

Key Dates

Keywords

NBT Bancorp Inc., NBTB, Ruth H. Mahoney, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Common Stock, Phantom Stock, Wealth Management