Form 4: Rhinebeck Bancorp Exec Buys Shares

Phillip Lekanides, SVP and Chief Accounting Officer of Rhinebeck Bancorp, Inc., acquired 500 shares of common stock.

Summary

• Phillip Lekanides, SVP and Chief Accounting Officer of Rhinebeck Bancorp, Inc., acquired 500 shares of common stock on May 4, 2026, at a price of $6.57 per share.
• Following this transaction, Lekanides beneficially owns 2,305 shares directly.
• Additionally, he has indirect beneficial ownership of 3,733 shares through a 401(k) plan and 1,852 shares through an ESOP.
• The filing also notes the acquisition of 500 stock options with an exercise price of $6.57, which are fully vested.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as an executive purchase can indicate confidence, but it's a routine disclosure without broader financial performance data.

Positives

• Company executive demonstrates confidence by purchasing company stock.
• Acquisition of stock options indicates potential for future equity participation.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to insider transactions.

Industry Context

StockSavvy.ai notes that insider stock purchases can signal management's belief in the company's future prospects, a common signal across the banking industry.

Stakeholder Impact

• Shareholders may view the executive's purchase as a positive signal of confidence in the company's future.

Key Dates

Keywords

Rhinebeck Bancorp, RBKB, Form 4, Insider Trading, Stock Purchase, Stock Options, Beneficial Ownership