E. Morgan D'Amelio - 28 Feb 2023 Form 4 Insider Report for Rhinebeck Bancorp, Inc. (RBKB)

Role: CRO, Gen. Cnsl and Corp Sec.
Signature: /s/ Karen E. Morgan-D'Amelio
Issuer symbol: RBKB
Transactions as of: 28 Feb 2023
Net transactions value: -$12,382
Form type: 4
Filing time: 01 Mar 2023, 12:31:48 UTC
Previous filing: 29 Aug 2022
Next filing: 29 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RBKB	Common Stock	Sale	$6,772	-725	-15%	$9.34	4,136	28 Feb 2023	Direct	F1
transaction	RBKB	Common Stock	Sale	$5,610	-600	-15%	$9.35	3,536	01 Mar 2023	Direct	F1
holding	RBKB	Common Stock						4,949	28 Feb 2023	By 401(k)	F2
holding	RBKB	Common Stock						1,992	28 Feb 2023	By ESOP	F2

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	RBKB	Stock Options						22,000	28 Feb 2023	Common Stock	22,000	$6.57	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares of restricted stock which vest at a rate of 33 1/3% per year commencing on August 25, 2021.
F2	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
F3	Stock options vest at a rate of 33 1/3% per year commencing on August 25, 2021.