Michael J. Gilfeather - 02 Jan 2025 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role: President and CEO, Director
Signature: /s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol: OBT
Transactions as of: 02 Jan 2025
Net transactions value: +$12,038
Form type: 4
Filing time: 28 Jan 2025, 16:13:01 UTC
Previous filing: 18 Dec 2024
Next filing: 18 Feb 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						43,295	02 Jan 2025	Direct	F1, F2, F3, F4
holding	OBT	Common Stock						7,925	02 Jan 2025	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	$12,038	+223	+2.7%	$53.98	8,378	02 Jan 2025	Common Stock	223		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.