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

Michael Listner, SVP and Chief Risk Officer of Orange County Bancorp, reports the disposal of 336 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• On February 18, 2025, Michael Listner, SVP and Chief Risk Officer of Orange County Bancorp, disposed of 336 shares of common stock.
• The transaction was executed at a price of $26.63 per share.
• The disposal was related to the satisfaction of tax obligations associated with the vesting of restricted stock units.
• Following the transaction, Listner beneficially owns 5,808 shares of Orange County Bancorp common stock.
• The reported holdings include restricted stock units vesting annually, commencing on February 15, 2023, March 11, 2024, and March 21, 2025.
• The filing reflects a two-for-one forward stock split of the Issuer's common stock which occurred on January 10, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the actions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates