Form 4: Orange County Bancorp Director Marianna R. Kennedy Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Marianna R. Kennedy reports acquisition of phantom stock and holdings of common stock and restricted stock units in Orange County Bancorp, Inc.
Summary
- On March 17, 2025, Marianna R. Kennedy, a director of Orange County Bancorp, Inc., reported transactions related to the company's stock.
- Kennedy acquired 39 shares of phantom stock at a price of $24.18.
- Kennedy directly owns 2,697 shares of common stock.
- Kennedy also holds 7,379 derivative securities (phantom stock) following the reported transaction.
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, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Marianna R. Kennedy acquired phantom stock. |
| 03/19/2025 | Date of report filing. |
| 03/21/2025 | Restricted stock units vest 100%. |
| 02/20/2026 | Restricted stock units vest 100%. |
Keywords
Orange County Bancorp, Director, Form 4, Phantom Stock, Stock Acquisition, Beneficial Ownership, OBT, Kennedy
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