Michael J. Gilfeather - 20 Feb 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
20 Feb 2025
Transactions value $
$130,011
Form type
4
Filing time
21 Feb 2025, 17:13:52 UTC
Previous filing
20 Feb 2025
Next filing
12 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 90.7K 20 Feb 2025 Direct F1, F2, F3, F4, F6
holding OBT Common Stock 15.9K 20 Feb 2025 By IRA F6

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 $130K +4.82K $26.99 21.6 20 Feb 2025 Common Stock 4.82K Direct F5, 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 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.
F6 Reflects two-for-one forward stock split of the Issuer's common stock which occurred on January 10, 2025.