Form 4: NBT Bancorp Executive Sarah Halliday Reports Stock Award

Sarah Halliday, EVP/President of Commercial Banking at NBT Bancorp, reports the acquisition of 2,623 shares of NBT Bancorp Inc. Common Stock through a restricted stock unit agreement.

Summary

• On March 24, 2025, Sarah Halliday, EVP/President of Commercial Banking at NBT Bancorp Inc., acquired 2,623 shares of NBT Bancorp Inc. Common Stock.
• The acquisition was made through a grant under the NBT Bancorp Inc. Omnibus Restricted Stock Unit Agreement, which vests 20% annually.
• The price per share for the acquired stock was $0.0.
• Following the transaction, Halliday directly owns 28,187 shares of NBT Bancorp Inc. Common Stock.
• Halliday also indirectly owns 7,402.768 shares through a 401k and 5,145.101 shares of phantom stock through the Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by an executive is generally viewed as a slightly positive signal.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Executive stock ownership is a common practice in the banking industry to align management's interests with those of shareholders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the executive's increased stake in the company.

Key Dates

Keywords

NBT Bancorp, Sarah Halliday, stock acquisition, Form 4, restricted stock unit, executive compensation, beneficial ownership