Michael Lesler - 20 Feb 2025 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role: EVP, Chief Financial Officer
Signature: /s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol: OBT
Transactions as of: 20 Feb 2025
Net transactions value: +$23,805
Form type: 4
Filing time: 21 Feb 2025, 17:10:27 UTC
Previous filing: 26 Dec 2024
Next filing: 19 Mar 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						7,472	20 Feb 2025	Direct	F1, F2, F3, F5
holding	OBT	Common Stock						913	20 Feb 2025	By 401(k)	F4, F5
holding	OBT	Common Stock						2,000	20 Feb 2025	By IRA	F5

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	$23,805	+882		$26.99	882	20 Feb 2025	Common Stock	882		Direct	F6

* 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 December 23, 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 at a rate of 1/3 per year commencing on March 21, 2025
F4	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F5	Reflects two-for-one forward stock split of the Issuer's common stock which occurred on January 10, 2025.
F6	Represents deemed investments in connection with the Performance-Based SERP. Phantom stock interests under the Performance-Based SERP may be settled in shares of Company stock upon distribution to the reporting person, based on their prior election.