Halliday Sarah A 4
4 · NBT BANCORP INC · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
NBTB EVP Sarah A. Halliday Sells 4,015.748 Shares
What Happened
Sarah A. Halliday, EVP & Chief Communications Innovation Officer at NBT Bancorp (NBTB), disposed of 4,015.748 shares on 2026-05-11 at $44.82 per share, for a total value of approximately $180,000. This was a sale (disposition), not a purchase—sales can be routine and do not necessarily signal a change in insider sentiment.
Key Details
- Transaction date and price: 2026-05-11 at $44.82 per share.
- Amount: 4,015.748 shares; gross proceeds ≈ $180,000.
- Transaction type: Discretionary transaction (code I) — executed at the discretion of a broker or agent.
- Filing: Form 4 filed 2026-05-13 (timely within SEC two-business-day requirement).
- Shares owned after transaction: Not reported in this filing.
- Footnote: The shares involved are phantom stock units deemed invested in one share of NBT Bancorp common stock under the company’s Deferred Compensation Plan.
Context
The sale appears to involve deferred-compensation (phantom stock) units rather than newly exercised options. Dispositions of deferred-comp shares are often administrative or for cash needs; they should be viewed as factual reporting of an insider transaction rather than definitive commentary on the company’s prospects.
Insider Transaction Report
- Discretionary Transaction
NBT Bancorp Inc. Common Stock
2026-05-11$44.82/sh−4,015.748$180,000→ 3,637.129 total(indirect: By 401(k))
- 31,054
NBT Bancorp Inc. Common Stock
- 5,317.933
Phantom Stock
[F1]→ NBT Bancorp Inc. Common Stock (5,317.933 underlying)
Footnotes (1)
- [F1]Each share of phantom stock is deemed invested in one share of NBT Bancorp Inc. common stock pursuant to the terms of the Deferred Compensation Plan.