Form 4: Orange County Bancorp Director Rouis Jonathan F Reports Acquisition of Phantom Stock

Director Jonathan F. Rouis reports acquiring phantom stock and holding common stock in Orange County Bancorp, Inc.

Summary

• On March 17, 2025, Jonathan F. Rouis, a director of Orange County Bancorp, Inc., reported acquiring phantom stock.
• Rouis directly owns 10,397 shares of common stock, which includes restricted stock units vesting at different dates.
• He also indirectly owns 400 shares of common stock through his spouse.
• The phantom stock acquisition involved 22 shares at a price of $24.18 each.
• These phantom stock shares are the economic equivalent of common stock and become payable upon separation of service as a director.
• Rouis directly owns 4,117 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine filing; the sentiment is neutral as it simply reports changes in ownership.

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 holdings of a company director.

Key Dates

Keywords

Form 4, Beneficial Ownership, Orange County Bancorp, Director, Phantom Stock, Common Stock, Restricted Stock Units, Rouis, OBT