Michael J. Quinn - 25 Aug 2021 Form 4 Insider Report for Rhinebeck Bancorp, Inc. (RBKB)

Role: President and CEO, Director
Signature: /s/ Scott A. Brown, pursuant to power of attorney
Issuer symbol: RBKB
Transactions as of: 25 Aug 2021
Transactions value $: -$40,388
Form type: 4
Filing time: 27 Aug 2021, 17:01:09 UTC
Next filing: 22 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RBKB	Common Stock	Tax liability	-$40.4K	-3.76K	-7.24%	$10.75	48.1K	25 Aug 2021	Direct	F1
holding	RBKB	Common Stock						7.48K	25 Aug 2021	By 401(k)
holding	RBKB	Common Stock						1.11K	25 Aug 2021	By ESOP	F2
holding	RBKB	Common Stock						10K	25 Aug 2021	By Spouse's IRA

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
holding	RBKB	Stock Options						95.1K	25 Aug 2021	Common Stock	95.1K	$6.57	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares of restricted stock which vest at a rate of 33 1/3% per year commencing on August 25, 2021.
F2	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
F3	Stock options vest at a rate of 33 1/3% per year commencing on August 25, 2021.