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

Role
EVP and Deputy CLO
Signature
/s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol
OBT
Transactions as of
20 Feb 2025
Net transactions value
+$33,009
Form type
4
Filing time
21 Feb 2025, 17:12:11 UTC
Previous filing
20 Feb 2025
Next filing
12 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OBT Common Stock 8,079 20 Feb 2025 Direct F1, F2, F3, F6
holding OBT Common Stock 4,655 20 Feb 2025 By 401K F4, F6

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 $33,009 +1,223 +51% $26.99 3,601 20 Feb 2025 Common Stock 1,223 Direct F5, 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 February 15, 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 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.
F6 Reflects two-for-one forward stock split of the Issuer's common stock which occurred on January 10, 2025.