Form 4: Orange County Bancorp SVP, Dir. Wealth Services, David P. Dineen, Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| 03/21/2025 | Date of transaction involving common stock. |
| 03/25/2025 | Date of signature for the report. |
| May 28, 2023 | Commencement date for vesting of some restricted stock units. |
| March 11, 2024 | Commencement date for vesting of some restricted stock units. |
| March 20, 2026 | Commencement 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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