Form 4: NBT Bancorp Executive Ruth H. Mahoney Reports Stock Disposals

Ruth H. Mahoney, EVP/President of Wealth Management at NBT Bancorp, reported the disposal of several blocks of common stock on January 15, 2025, through a transaction code 'F'.

Summary

• Ruth H. Mahoney, an executive at NBT Bancorp, reported multiple disposals of NBT Bancorp common stock on January 15, 2025.
• The transactions were executed at a price of $47.62 per share.
• A total of 1,960 shares were disposed of through these transactions.
• Following these disposals, Ms. Mahoney directly owns 15,546 shares of NBT Bancorp common stock.
• She also indirectly owns 2,354.265 shares through a 401k and 7,673.224 shares of phantom stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of stock disposals by an executive, which is neither positive nor negative in itself. It is a neutral event.

Industry Context

This is a routine filing related to stock transactions by a company executive. Such filings are common and provide transparency into insider trading activity.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The reported transactions are typical for executives who receive stock-based compensation and may need to sell shares to cover tax obligations.

Stakeholder Impact

• The stock disposals by an executive may have a minor impact on shareholder sentiment, but are generally considered routine.

Key Dates

Keywords

NBT Bancorp, stock disposal, insider trading, Form 4, executive compensation, wealth management, equity securities