Michael Lesler - Feb 20, 2025 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Signature
/s/ Jennifer Staub, pursuant to power of attorney
Stock symbol
OBT
Transactions as of
Feb 20, 2025
Transactions value $
$23,805
Form type
4
Date filed
2/21/2025, 05:10 PM
Previous filing
Dec 26, 2024
Next filing
Mar 19, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OBT Common Stock 7.47K Feb 20, 2025 Direct F1, F2, F3, F5
holding OBT Common Stock 913 Feb 20, 2025 By 401(k) F4, F5
holding OBT Common Stock 2K Feb 20, 2025 By IRA F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OBT Phantom Stock Award $23.8K +882 $26.99 882 Feb 20, 2025 Common Stock 882 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units which vest at a rate of 1/3 per year commencing on December 23, 2023.
F2 Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 11, 2024
F3 Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 21, 2025
F4 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F5 Reflects two-for-one forward stock split of the Issuer's common stock which occurred on January 10, 2025.
F6 Represents deemed investments in connection with the Performance-Based SERP. Phantom stock interests under the Performance-Based SERP may be settled in shares of Company stock upon distribution to the reporting person, based on their prior election.