Form 4: Orange County Bancorp SVP, Chief Credit Officer Stephen Rooney Acquires Shares

Sentiment:

SEC Form 4


Stephen Rooney, SVP, Chief Credit Officer of Orange County Bancorp, Inc., reports acquisition of 3,251 common stock shares on March 20, 2025.

Summary

  • On March 20, 2025, Stephen Rooney, the SVP, Chief Credit Officer of Orange County Bancorp, Inc., acquired 3,251 shares of common stock.
  • The acquisition was made at a price of $0 per share.
  • Following the transaction, Rooney directly owns 9,468 shares of Orange County Bancorp, Inc.
  • The acquired shares are restricted stock units vesting at a rate of 1/3 per year commencing on March 20, 2026.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine transaction. The acquisition of shares by an executive is generally viewed as a positive signal, but without additional context, the impact is limited.

Positives

  • The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates the actions of a key executive at Orange County Bancorp.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company executive.

Key Dates

DateDescription
November 8, 2023Commencement date for vesting of restricted stock units at a rate of 1/3 per year.
March 11, 2024Commencement date for vesting of restricted stock units at a rate of 1/3 per year.
March 21, 2025Commencement date for vesting of restricted stock units at a rate of 1/3 per year.
March 20, 2025Date of transaction: Stephen Rooney acquired 3,251 shares of common stock.
March 20, 2026Commencement date for vesting of restricted stock units at a rate of 1/3 per year.
March 24, 2025Date of signature for the report.

Keywords

Orange County Bancorp, Stephen Rooney, Chief Credit Officer, stock acquisition, Form 4, restricted stock units, OBT

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