Michael J. Gilfeather - 16 Dec 2024 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Signature
/s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol
OBT
Transactions as of
16 Dec 2024
Transactions value $
$34
Form type
4
Date filed
18 Dec 2024, 16:37
Previous filing
04 Nov 2024
Next filing
28 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OBT Common Stock 43.3K 16 Dec 2024 Direct F1, F2, F3, F4
holding OBT Common Stock 7.93K 16 Dec 2024 By 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
transaction OBT Phantom Stock Award $34.00 8.15K 16 Dec 2024 Common Stock 34 Direct F5
* 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 on December 31, 2026.
F4 Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 21, 2025.
F5 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.