Form 4: Orange County Bancorp Director Kennedy Reports Stock Disposal and Phantom Stock Acquisition

Director Marianna R Kennedy reports disposing of 1,102 common stock shares and acquiring 1,124 phantom stock units in Orange County Bancorp.

Summary

• On March 21, 2025, Marianna R Kennedy, a director of Orange County Bancorp, Inc., reported a transaction involving the company's stock.
• Kennedy disposed of 1,102 shares of common stock.
• Following the transaction, Kennedy beneficially owns 1,595 shares of common stock, which includes restricted stock units vesting at different dates.
• Kennedy also acquired 1,124 units of phantom stock, each equivalent to one share of common stock, payable upon separation of service as a director.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice across publicly traded companies.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates

Keywords

Orange County Bancorp, Director, Stock Disposal, Phantom Stock, Beneficial Ownership, Form 4, SEC Filing