Kevin J. Keane - 03 May 2023 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role: Director
Signature: /s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol: OBT
Transactions as of: 03 May 2023
Net transactions value: +$39,321
Form type: 4
Filing time: 04 May 2023, 11:48:48 UTC
Previous filing: 05 Apr 2023
Next filing: 16 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OBT	Common Stock	Purchase	$25,888	+800	+28%	$32.36	3,700	03 May 2023	By Partnership
transaction	OBT	Common Stock	Purchase	$13,433	+416		$32.29	416	03 May 2023	By 401(k)
holding	OBT	Common Stock						9,200	03 May 2023	Direct	F1

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	OBT	Phantom Stock						2,662	03 May 2023	Common Stock	2,662		Direct	F2

* 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 100% as of the date of grant and are settled in shares of Issuer common stock upon separation from service of the reporting person.
F2	Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's separation of service as a director.