Form 4: Director Jonathan F. Rouis Increases OBT Holdings

Director Jonathan F. Rouis acquired 139 shares of phantom stock in Orange County Bancorp, Inc. on April 1, 2026.

Summary

• Director Jonathan F. Rouis acquired 139 shares of phantom stock at a price of $32.32 per share.
• The transaction occurred on April 1, 2026.
• Following this transaction, the director holds 7,222 shares of phantom stock directly.
• The director maintains a total direct ownership of 9,166 shares of common stock and indirect ownership of 400 shares held by his spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure of director compensation and ownership, which is neutral in nature.

Positives

• Director demonstrates continued alignment with shareholder interests through the acquisition of equity-linked securities.

Negatives

• None identified.

Risks

• Phantom stock value is tied to the performance of the underlying common stock, exposing the director to market volatility.

Future Outlook

The filing does not provide forward-looking guidance regarding company operations or financial performance.

Management Comments

• None provided.

Industry Context

StockSavvy.ai notes that director acquisitions of phantom stock are common in the banking sector as a mechanism for deferred compensation and long-term alignment with institutional performance.

Comparison to Industry Standards

• The transaction is consistent with standard corporate governance practices for regional banks where directors receive equity-based compensation.

Stakeholder Impact

• Provides transparency to shareholders regarding the equity position of company leadership.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Orange County Bancorp, OBT, Insider Trading, Form 4, Director Ownership, Phantom Stock