Form 4: Orange County Bancorp SVP Michael Listner Reports Stock Disposal

Michael Listner, SVP and Chief Risk Officer of Orange County Bancorp, Inc., reported the disposal of 344 shares of common stock on March 10, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

• On March 10, 2025, Michael Listner, the SVP and Chief Risk Officer of Orange County Bancorp, Inc., disposed of 344 shares of common stock.
• The transaction was executed at a price of $23.95 per share.
• This disposal was related to covering tax obligations associated with the vesting of restricted stock units.
• Following the transaction, Listner beneficially owns 5,464 shares of Orange County Bancorp, Inc.
• The reported holdings include restricted stock units vesting annually, commencing on March 11, 2024, and March 21, 2025.
• A two-for-one forward stock split occurred on January 10, 2025, affecting the share count.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company insider; it doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in insider ownership.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates