Stagliano Joseph R 4

What Happened
Joseph R. Stagliano, Senior Executive Vice President and President of NBT Bank, received an award of 2,642.325 phantom stock units (derivative shares) on 2026-03-06. The units were valued at $41.63 each, for a total reported value of $110,000. This was an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-06; filing date: 2026-03-09 (filed within normal timing).
• Instrument: Phantom stock units under the Deferred Compensation Plan (derivative award).
• Units awarded: 2,642.325; valuation per unit: $41.63; total value: $110,000.
• Shares owned after transaction: Not reported in the filing.
• Footnote: Each phantom share is deemed invested in one share of NBT Bancorp common stock per the Deferred Compensation Plan (F1).
• Transaction code: A = Award/Grant.

Context
A phantom stock award is a form of deferred compensation tied to the company's common stock value; it does not represent an immediate open-market purchase of common shares. Such awards are routine for executive compensation and do not, by themselves, signal buying or selling activity by the insider.