Form 4: Orange County Bancorp Insider Transactions

Michael J. Gilfeather, President and CEO of Orange County Bancorp, Inc., reported transactions involving common stock and phantom stock.

Summary

• Michael J. Gilfeather, President and CEO and Director of Orange County Bancorp, Inc., reported transactions on June 15, 2026.
• The transactions involved common stock and phantom stock.
• Gilfeather beneficially owns 129,449 shares of common stock directly.
• An additional 16,400 shares of common stock are held indirectly through an IRA.
• The filing also details 26,596 shares of phantom stock, which are economically equivalent to common stock and payable upon separation from service as a director.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on existing beneficial ownership and the nature of phantom stock, without indicating new purchases or sales that would signal strong insider conviction.

Positives

• The reporting person, Michael J. Gilfeather, holds a significant number of direct and indirect beneficial ownership of common stock (129,449 direct, 16,400 indirect).
• The phantom stock, while not directly owned, represents an economic equivalent to common stock, indicating potential future value realization for the reporting person.

Future Outlook

The filing details vesting schedules for restricted stock units extending through March 2029 and the payable nature of phantom stock upon separation from service, indicating future potential equity events for the reporting person.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company executives and directors. These filings are crucial for investors to understand insider sentiment and potential shifts in beneficial ownership.

Stakeholder Impact

• Shareholders: Increased transparency into the beneficial ownership of key executive and director, Michael J. Gilfeather.
• Employees: The details on restricted stock units and phantom stock may provide insight into executive compensation structures.

Key Dates

Keywords

Orange County Bancorp, OBT, Form 4, Insider Trading, Beneficial Ownership, Common Stock, Phantom Stock, SEC Filing, Michael J. Gilfeather