Form 4: Orange County Bancorp EVP Michael Coulter Reports Stock Disposal

Michael Coulter, EVP and CLO of Orange County Bancorp, reports the disposal of 628 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• On March 21, 2025, Michael J Coulter, EVP and CLO of Orange County Bancorp, disposed of 628 shares of common stock.
• The transaction was a disposal (code F) at a price of $24.15 per share.
• Following the transaction, Coulter directly owns 7,481 shares of common stock.
• Coulter also indirectly owns 32 shares through a 401(k).
• The filing also mentions restricted stock units vesting at a rate of 1/3 per year commencing on March 11, 2024, and March 21, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive disposed of shares, likely to cover tax obligations related to vesting equity.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it represents a small percentage of the outstanding shares.

Key Dates

Keywords

Orange County Bancorp, Michael Coulter, Stock Disposal, Form 4, Executive Compensation, Restricted Stock Units, Beneficial Ownership