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

Ruth H. Mahoney, EVP/President of Wealth Management at NBT Bancorp Inc., reports the disposition of 721 shares of common stock to cover tax obligations, while holding 17,506 shares directly and 2,354.265 indirectly through a 401k.

Summary

• On August 15, 2024, Ruth H. Mahoney, an executive at NBT Bancorp Inc., disposed of 721 shares of NBT Bancorp Inc. common stock.
• The transaction was executed at a price of $45.41 per share.
• This disposition was related to tax obligations.
• Following the transaction, Mahoney directly owns 17,506 shares of NBT Bancorp Inc. common stock.
• Mahoney also indirectly owns 2,354.265 shares through a 401k.
• Additionally, Mahoney holds 7,673.224 shares of phantom stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in insider ownership.
• The transaction is unlikely to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates