Form 4: Rhinebeck Bancorp CFO Kevin M. Nihill Acquires 1,000 Shares of Common Stock

Kevin M. Nihill, CFO and Treasurer of Rhinebeck Bancorp, Inc., purchased 1,000 shares of common stock at $10 per share on February 13, 2025.

Summary

• On February 13, 2025, Kevin M. Nihill, the CFO and Treasurer of Rhinebeck Bancorp, Inc. (RBKB), acquired 1,000 shares of the company's common stock.
• The purchase price was $10 per share.
• Following the transaction, Nihill directly owns 16,000 shares of Rhinebeck Bancorp, Inc.
• The filing also mentions that Nihill holds restricted stock that vests at a rate of 33 1/3% per year starting on July 9, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CFO's stock purchase is a positive sign, but it's a relatively small transaction. The vesting schedule of restricted stock is a standard practice.

Positives

• The CFO's purchase of company stock could be interpreted as a positive signal, indicating confidence in the company's future performance.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future prospects. Purchases are generally seen as a positive sign.

Stakeholder Impact

• The CFO's stock purchase could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Rhinebeck Bancorp, RBKB, Kevin M. Nihill, CFO, Treasurer, Stock Purchase, Form 4, Insider Trading