Jon Schiller - 20 Feb 2025 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
20 Feb 2025
Net transactions value
$0
Form type
4
Filing time
21 Feb 2025, 17:14:43 UTC
Previous filing
03 Jan 2025
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
transaction OBT Common Stock Award $0 +995 +20% $0.000000 5,995 20 Feb 2025 Direct F2, F3

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 716 20 Feb 2025 Common Stock 716 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Reflects two-for-one forward stock split of the Issuer's common stock which occurred on January 10, 2025.
F3 Restricted stock units which vest 100% on February 20, 2026 and are settled in shares of Issuer common stock upon separation from service of the reporting person.