Form 4: Orange County Bancorp SVP Stephen Rooney Reports Stock Disposal

Stephen Rooney, SVP and Chief Credit Officer of Orange County Bancorp, reports the disposal of 479 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• Stephen Rooney, SVP and Chief Credit Officer of Orange County Bancorp, filed a Form 4 with the SEC.
• The filing reports a transaction on March 21, 2025, where 479 shares of common stock were disposed of at a price of $24.15 per share.
• This disposal was related to the satisfaction of tax obligations arising from the vesting of restricted stock units.
• Following the transaction, Rooney beneficially owns 8,989 shares of Orange County Bancorp common stock.
• The reported holdings include restricted stock units vesting annually on November 8, 2023, March 11, 2024, March 21, 2025 and March 20, 2026.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a common transaction (disposal of shares for tax obligations). It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations related to vested equity.

Key Dates

Keywords

Form 4, Orange County Bancorp, Stephen Rooney, Stock Disposal, Restricted Stock Units, Beneficial Ownership, OBT