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NBT BANCORP INC·4

May 13, 7:49 PM ET

Halliday Sarah A 4

Research Summary

AI-generated summary

Updated

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.