Form 4: Director Jonathan Rouis Boosts Orange County Bancorp Stake

Orange County Bancorp Director Jonathan F. Rouis reported an increase in his beneficial ownership of company stock, including direct and indirect holdings and phantom stock.

Summary

• Jonathan F. Rouis, a Director at Orange County Bancorp, Inc. (OBT), reported changes in his beneficial ownership of company securities.
• Direct beneficial ownership of Common Stock totals 9,295 shares. This includes restricted stock units (RSUs) that vested 100% upon grant and others vesting on February 20, 2026, both settled upon separation from service.
• Indirect beneficial ownership of Common Stock totals 400 shares, held by his spouse.
• Acquired 159 shares of phantom stock on January 2, 2026, at a price of $28.35 per share.
• Total beneficial ownership of phantom stock is now 6,032 shares.
• Each phantom stock share is the economic equivalent of one common stock share and becomes payable upon the reporting person's separation from service as a director.

Sentiment

Score: 6

Explanation: The filing reports an insider acquisition of phantom stock, which generally indicates confidence, but it is a routine compliance filing without broader financial performance details.

Positives

• Director Jonathan F. Rouis acquired 159 shares of phantom stock, increasing his total phantom stock holdings to 6,032 shares, which aligns his interests with shareholders.
• The reported direct beneficial ownership of 9,295 common stock shares, including restricted stock units, demonstrates a significant equity stake in the company.

Future Outlook

This Form 4 filing primarily reports insider transactions and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This filing is a routine insider transaction report, common across all publicly traded companies, and does not provide specific insights into broader industry trends or competitive landscape beyond the reported stock ownership.

Related Party Transactions

• 400 shares of Common Stock are indirectly beneficially owned by the reporting person's spouse.

Stakeholder Impact

• Shareholders: Increased insider ownership, particularly through phantom stock acquisition, may signal continued confidence from a director in the company's future prospects.

Next Steps

• Restricted stock units are scheduled to vest on February 20, 2026.

Key Dates

Keywords

Orange County Bancorp, OBT, insider transaction, Form 4, director ownership, phantom stock, restricted stock units