Form 4: Orange County Bancorp Director Kevin J. Keane Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Kevin J. Keane reports acquiring phantom stock and holding common stock in Orange County Bancorp, Inc.
Summary
- On October 1, 2024, Kevin J. Keane, a director of Orange County Bancorp, Inc., reported a transaction involving phantom stock.
- Keane acquired 320 shares of phantom stock at a price of $58.51.
- Following the transaction, Keane directly owns 10,201 shares of common stock, 3,700 shares indirectly through a partnership, and 416 shares indirectly through a 401(k).
- Keane also holds 5,119 derivative securities (phantom stock).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction involving phantom stock acquisition |
| 10/02/2024 | Date of signature for the report |
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