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

Director William D. Morrison of Orange County Bancorp, Inc. reports disposing of shares and acquiring phantom stock units on March 21, 2025.

Summary

• On March 21, 2025, William D. Morrison, a director of Orange County Bancorp, Inc., reported a transaction involving the company's stock.
• Morrison disposed of 1,102 shares of common stock.
• Following the transaction, Morrison directly owns 102,639 shares of common stock, which includes restricted stock units.
• Morrison also indirectly owns 10,932 shares through an IRA and 324 shares through a Roth IRA.
• Additionally, Morrison 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 sentiment is neutral as it is a standard SEC filing reporting stock transactions by a company director. There is no inherent positive or negative implication.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The transactions themselves are unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

Orange County Bancorp, Director, Stock Disposal, Phantom Stock, Beneficial Ownership, Form 4, Morrison, OBT