Gregory Sousa - 18 Feb 2025 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role
EVP and Deputy CLO
Signature
/s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol
OBT
Transactions as of
18 Feb 2025
Net transactions value
-$11,318
Form type
4
Filing time
20 Feb 2025, 16:25:16 UTC
Previous filing
18 Dec 2024
Next filing
21 Feb 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 Tax liability $11,318 -425 -5% $26.63 8,079 18 Feb 2025 Direct F1, F2, F3, F6
holding OBT Common Stock 4,655 18 Feb 2025 By 401(k) F4, 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
holding OBT Phantom Stock 2,379 18 Feb 2025 Common Stock 2,379 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 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 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.
F6 Reflects two-for-one forward stock split of the Issuer's common stock which occurred on January 10, 2025.