Form 4: Orange County Bancorp Director Acquires Additional Shares

Director Richard B. Rowley acquired 551 shares of Orange County Bancorp, Inc. common stock on March 21, 2024.

Summary

• On March 21, 2024, Richard B. Rowley, a director of Orange County Bancorp, Inc., acquired 551 shares of common stock.
• The acquisition was in the form of restricted stock units that vest on March 21, 2025, and will be settled in shares upon separation from service.
• Following the transaction, Rowley directly owns 269,135 shares of Orange County Bancorp, Inc.
• This total includes restricted stock units vesting immediately upon grant and settling upon separation, and restricted stock units vesting on August 8, 2024, and settling upon separation.
• Rowley also holds 6,780 shares of phantom stock, payable upon separation of service as a director.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. The director's acquisition of shares could be interpreted as slightly positive, suggesting confidence in the company.

Positives

• The director's acquisition of additional shares may signal confidence in the company's future prospects.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of restricted stock units in the future suggests continued association of the director with the company.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates