Form 4: Director Kevin Keane Boosts Orange County Bancorp Holdings

Orange County Bancorp Director Kevin J. Keane reported an acquisition of 708 phantom stock units and updated his beneficial ownership of common stock.

Summary

• Director Kevin J. Keane reported changes in his beneficial ownership of Orange County Bancorp, Inc. (OBT).
• Keane directly owns 19,395 shares of Common Stock, which includes restricted stock units vesting 100% upon grant and 100% on February 20, 2026.
• Indirectly, Keane beneficially owns 7,400 shares of Common Stock through a partnership and 832 shares through a 401k.
• On January 2, 2026, Keane acquired 708 shares of phantom stock, which are the economic equivalent of one share of common stock.
• The phantom stock becomes payable upon Keane's separation from service as a director.
• The price of the derivative security (phantom stock) was $28.35.
• Following this transaction, Keane beneficially owns 16,369 phantom stock units.

Sentiment

Score: 6

Explanation: The acquisition of phantom stock by a director generally indicates continued alignment with the company's future, but a Form 4 is primarily a transactional disclosure and does not provide deep insight into company performance or strategy.

Positives

• Director Kevin J. Keane acquired 708 phantom stock units, indicating continued alignment with shareholder interests.
• The phantom stock is valued at $28.35 per unit, reflecting a specific valuation at the time of acquisition.

Stakeholder Impact

• Shareholders: Director's increased beneficial ownership (via phantom stock) may signal confidence in the company's long-term prospects.

Key Dates

Keywords

Orange County Bancorp, OBT, Kevin J. Keane, Director, Insider Trading, Form 4, Beneficial Ownership, Phantom Stock, Restricted Stock Units