| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NNI | Class B Common Stock | Gift | $0 | -4,484 | -20% | $0.000000 | 18,424 | 31 Dec 2024 | By CLAT | F1 |
| holding | NNI | Class A Common Stock | 510 | 31 Dec 2024 | By Butterfield GST Non-Exempt Marital Trust | F2 | |||||
| holding | NNI | Class B Common Stock | 213,311 | 31 Dec 2024 | By Butterfield GST Non-Exempt Marital Trust | F2 | |||||
| holding | NNI | Class B Common Stock | 210,047 | 31 Dec 2024 | By Butterfield GST Exempt Marital Trust | F3 | |||||
| holding | NNI | Class B Common Stock | 42,879 | 31 Dec 2024 | Direct | F4 | |||||
| holding | NNI | Class B Common Stock | 1,586,691 | 31 Dec 2024 | By corporation | F5 | |||||
| holding | NNI | Class B Common Stock | 70,582 | 31 Dec 2024 | By GRAT | F6 | |||||
| holding | NNI | Class B Common Stock | 93,841 | 31 Dec 2024 | By GRAT | F7 | |||||
| holding | NNI | Class B Common Stock | 100,000 | 31 Dec 2024 | By GRAT | F8 | |||||
| holding | NNI | Class B Common Stock | 61,392 | 31 Dec 2024 | By GRAT | F9 | |||||
| holding | NNI | Class B Common Stock | 75,640 | 31 Dec 2024 | By GRAT | F10 | |||||
| holding | NNI | Class B Common Stock | 82,729 | 31 Dec 2024 | By GRAT | F11 | |||||
| holding | NNI | Class B Common Stock | 61,309 | 31 Dec 2024 | By GRAT | F12 | |||||
| holding | NNI | Class B Common Stock | 70,488 | 31 Dec 2024 | By GRAT | F13 | |||||
| holding | NNI | Class B Common Stock | 7,576 | 31 Dec 2024 | By the Estate of Stephen F. Butterfield | F14 | |||||
| holding | NNI | Class B Common Stock | 18,394 | 31 Dec 2024 | By trust | F15 | |||||
| holding | NNI | Class B Common Stock | 18,394 | 31 Dec 2024 | By trust | F16 | |||||
| holding | NNI | Class B Common Stock | 136,636 | 31 Dec 2024 | By limited liability company | F17 | |||||
| holding | NNI | Class B Common Stock | 100 | 31 Dec 2024 | By the reporting person as UTMA custodian for daughter | ||||||
| holding | NNI | Class B Common Stock | 100 | 31 Dec 2024 | By the reporting person as UTMA custodian for son |
| Id | Content |
|---|---|
| F1 | Shares held by a charitable lead annuity trust ("CLAT") established by Stephen F. Butterfield, of which CLAT the descendants of the reporting person are included as remainder beneficiaries, which number of shares reflects the gift distribution from the CLAT to a charitable organization as described in Section 501(c)(3) of the Internal Revenue Code of 4,484 shares on December 31, 2024, pursuant to the terms of the CLAT. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F2 | Shares held by the Stephen F. Butterfield GST Non-Exempt Marital Trust, an estate planning trust for the family of Stephen F. Butterfield. The reporting person reports beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F3 | Shares held by the Stephen F. Butterfield GST Exempt Marital Trust, an estate planning trust for the family of Stephen F. Butterfield. The reporting person reports beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F4 | Reflects annuity distributions of a total of 11,462 shares to the reporting person on December 18, 2024 from grantor retained annuity trusts ("GRATs") established by the reporting person as discussed in footnotes (6), (7), and (9) through (11) below. |
| F5 | Shares held by Union Financial Services, Inc. ("UFS"), of which the Butterfield GST Non-Exempt Marital Trust owns 50.0% of the outstanding capital stock and the Executive Chairman of the issuer owns the other 50.0% of the outstanding capital stock. The reporting person reports beneficial ownership of all the shares held by UFS, but disclaims beneficial ownership of the shares held by UFS except to the extent of her pecuniary interest therein. |
| F6 | Shares held by a GRAT established by the reporting person on December 18, 2015, which reflect an annuity distribution from the trust to the reporting person of 4,885 shares on December 18, 2024. The reporting person reports beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F7 | Shares held by a separate GRAT established by the reporting person on December 18, 2015, which reflect an annuity distribution from the trust to the reporting person of 1,298 shares on December 18, 2024. The reporting person reports beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F8 | Shares held by a separate GRAT established by the reporting person on December 18, 2015. The reporting person reports beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F9 | Shares held by a separate GRAT established by the reporting person on December 18, 2015, which reflect an annuity distribution from the trust to the reporting person of 2,682 shares on December 18, 2024. The reporting person reports beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F10 | Shares held by a separate GRAT established by the reporting person on December 18, 2015, which reflect an annuity distribution from the trust to the reporting person of 1,574 shares on December 18, 2024. The reporting person reports beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F11 | Shares held by a separate GRAT established by the reporting person on December 18, 2015, which reflect an annuity distribution from the trust to the reporting person of 1,023 shares on December 18, 2024. The reporting person reports beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F12 | Shares held by a GRAT established by Stephen F. Butterfield on December 18, 2015, which reflect an annuity distribution from the trust to the Estate of Stephen F. Butterfield (the "Butterfield Estate") of 2,684 shares on December 18, 2024. The reporting person reports beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F13 | Shares held by a separate GRAT established by Stephen F. Butterfield on December 18, 2015, which reflect an annuity distribution from the trust to the Butterfield Estate of 4,887 shares on December 18, 2024. The reporting person reports beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest therein. |
| F14 | Shares held by the Butterfield Estate, for which the reporting person is the personal representative, and which number of shares reflects annuity distributions to the Butterfield Estate of a total of 7,571 shares on December 18, 2024 from the GRATs established by Stephen F. Butterfield as discussed in footnotes (12) and (13) above. The reporting person disclaims beneficial ownership of the shares held by the Butterfield Estate, except to the extend of her pecuniary interest therein. |
| F15 | Shares held by a trust for the benefit of the reporting person's daughter. |
| F16 | Shares held by a trust for the benefit of the reporting person's son. |
| F17 | Shares held by a family limited liability company controlled by the reporting person. The reporting person disclaims beneficial ownership of the shares held by the limited liability company, except to the extend of her pecuniary interest therein. |