Form 4: Orange County Bancorp SVP, Dir. Wealth Services, David P. Dineen, Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


David P. Dineen, SVP, Dir. Wealth Services at Orange County Bancorp, Inc., reports a transaction involving common stock on March 21, 2025, resulting in an adjusted beneficial ownership.

Summary

  • On March 21, 2025, David P. Dineen, SVP, Dir. Wealth Services at Orange County Bancorp, Inc., filed a Form 4 to report changes in beneficial ownership of the company's common stock.
  • The transaction involved the disposal of 412 shares at a price of $24.15.
  • Following the reported transaction, Dineen directly owns 9,454 shares of common stock.
  • Dineen also indirectly owns 1,281 shares through a 401(k).
  • The reported holdings include restricted stock units vesting in installments starting May 28, 2023, March 11, 2024 and March 20, 2026.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
03/21/2025Date of transaction involving common stock.
03/25/2025Date of signature for the report.
May 28, 2023Commencement date for vesting of some restricted stock units.
March 11, 2024Commencement date for vesting of some restricted stock units.
March 20, 2026Commencement date for vesting of some restricted stock units.

Keywords

Form 4, Beneficial Ownership, Orange County Bancorp, OBT, David P. Dineen, Common Stock, Restricted Stock Units, 401(k)

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