Form 4: NBT Bancorp SVP, Chief HR Officer Reports Stock Transactions
SEC Form 4
Cynthia A. Smaniotto, SVP, Chief HR Officer of NBT Bancorp, reports the disposition of shares to cover tax obligations.
Summary
- On June 15, 2024, Cynthia A. Smaniotto, the SVP, Chief HR Officer of NBT Bancorp Inc. (NBTB), reported a transaction involving the disposition of 285 shares of common stock.
- The shares were disposed of at a price of $35.45 per share.
- Following the transaction, Smaniotto directly owns 13,584.927 shares of NBT Bancorp Inc. common stock.
- Smaniotto also indirectly owns 3,204.154 shares through a 401k and 857.788 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of stock transactions by a company insider, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being sold by an executive.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Date of stock transaction |
| 06/18/2024 | Date of report submission |
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