Form 4: Orange County Bancorp Director Kevin J. Keane Reports Changes in Beneficial Ownership

Director Kevin J. Keane reports changes in beneficial ownership of Orange County Bancorp, Inc. common stock and phantom stock.

Summary

• Kevin J. Keane, a director of Orange County Bancorp, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The report includes transactions related to common stock and phantom stock.
• As of June 15, 2024, Keane directly owns 10,201 shares of common stock, which includes restricted stock units vesting at different dates.
• He also indirectly owns 3,700 shares through a partnership and 416 shares through a 401(k).
• Keane acquired phantom stock equivalent to 22 shares of common stock on June 15, 2024, at a price of $44.62 per share.
• Following the reported transactions, Keane directly owns 4,385 derivative securities (phantom stock).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding the ownership and trading activities of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding director's ownership.

Key Dates