Form 4: Orange County Bancorp Director Olga Luz Tirado Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Olga Luz Tirado reports acquisition of phantom stock and holdings of common stock in Orange County Bancorp.
Summary
- On April 1, 2025, Olga Luz Tirado, a director of Orange County Bancorp, Inc., reported a transaction involving phantom stock.
- Tirado acquired phantom stock equivalent to 52 shares of common stock at a price of $23.91 per share.
- The phantom stock becomes payable upon the director's separation of service.
- Tirado also holds 2,097 shares of common stock, including restricted stock units that vest on February 20, 2026, and are settled upon separation from service.
Sentiment
Score: 5
Explanation: This is a routine filing, indicating standard insider activity. It doesn't inherently suggest positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the director's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction involving phantom stock acquisition. |
| 04/03/2025 | Date of signature for the report. |
| 02/20/2026 | Vesting date for restricted stock units. |
Keywords
Form 4, Orange County Bancorp, Director, Phantom Stock, Common Stock, Beneficial Ownership, Securities, OBT, Tirado
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