Form 4: Director Olga Tirado Increases Stake in Orange County Bancorp

Director Olga Luz Tirado acquired 155 shares of phantom stock in Orange County Bancorp, Inc. as part of director compensation.

Summary

• Director Olga Luz Tirado acquired 155 shares of phantom stock on April 1, 2026.
• The phantom stock is valued at $32.32 per share.
• The total beneficial ownership of phantom stock following this transaction is 532 shares.
• The reporting person also holds 2,963 shares of common stock, which includes restricted stock units vesting on February 19, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure of director compensation with no material impact on the company's strategic direction.

Positives

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

Negatives

• None identified.

Risks

• Value of phantom stock is tied to the market performance of Orange County Bancorp common stock.

Future Outlook

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

Industry Context

StockSavvy.ai notes that director equity acquisitions are standard practice in the regional banking sector to ensure alignment between board members and shareholders.

Comparison to Industry Standards

• The acquisition of phantom stock as part of director compensation is consistent with standard corporate governance practices for U.S. regional banks.

Stakeholder Impact

• Minimal impact on shareholders; reflects standard director compensation.

Next Steps

• Restricted stock units held by the director are scheduled to vest on February 19, 2027.

Key Dates

Keywords

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