Form 4: Rhinebeck Bancorp Executive Sells Shares in Recent Transaction

Karen E. Morgan-D'Amelio, a key executive at Rhinebeck Bancorp, recently sold a portion of her common stock holdings.

Summary

• Karen E. Morgan-D'Amelio, the CRO, General Counsel, and Corporate Secretary of Rhinebeck Bancorp, sold 1,354 shares of common stock at $9.80 per share and 76 shares at $9.81 per share on November 26, 2024.
• Following these transactions, Ms. Morgan-D'Amelio directly owns 1,536 shares of common stock.
• She also indirectly owns 4,941 shares through a 401(k) and 1,992 shares through an ESOP.
• Ms. Morgan-D'Amelio also holds 22,000 fully vested stock options with an exercise price of $6.57, exercisable until August 25, 2030.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The reported transactions are typical for executives managing their personal investment portfolios.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial health.

Key Dates

Keywords

Rhinebeck Bancorp, stock sale, insider trading, executive, common stock, stock options, Form 4, RBKB