Form 4: Orange County Bancorp EVP Coulter Reports Stock Disposal

Michael J. Coulter, EVP and CLO of Orange County Bancorp, Inc., reported the disposal of 498 shares of common stock on March 10, 2025, for tax purposes related to vesting restricted stock units.

Summary

• On March 10, 2025, Michael J. Coulter, an Executive Vice President and Chief Lending Officer at Orange County Bancorp, Inc., disposed of 498 shares of common stock.
• The transaction was executed at a price of $23.95 per share.
• This disposal was related to tax obligations arising from the vesting of restricted stock units.
• Following the transaction, Coulter directly owns 8,109 shares of Orange County Bancorp, Inc.
• Coulter also indirectly owns 32 shares through a 401(k) plan.
• The reported holdings include restricted stock units vesting in installments.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing a stock transaction by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects an executive's stock disposal for tax purposes, which is a common occurrence.

Key Dates