Form 4: Orange County Bancorp SVP Stephen Rooney Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Stephen Rooney, SVP and Chief Credit Officer of Orange County Bancorp, reported a transaction involving common stock on March 11, 2024.
Summary
- On March 11, 2024, Stephen Rooney, SVP and Chief Credit Officer of Orange County Bancorp, reported a transaction involving common stock.
- The transaction involved the disposition of 66 shares of common stock at a price of $45.2.
- Following the transaction, Rooney beneficially owns 2,419 shares of common stock.
- These holdings include restricted stock units vesting at a rate of 1/3 per year, commencing on November 8, 2023, and March 11, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting a neutral sentiment as it reports a routine transaction.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, but the amount is relatively small.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction involving common stock |
| 03/13/2024 | Date of signature for the report |
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