NBT Bancorp (NBTB) Director David J. Nasca Receives 1,050-Share Award

What Happened

• David J. Nasca, an outside director of NBT Bancorp, was granted 1,050 shares (reported as an acquisition/award) on 2026-05-19. The Form 4 lists the acquisition price as $0.00 (reporting value $0) because these are restricted stock units (RSUs) awarded as director compensation.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (timely).
• Transaction type/code: A = Award/Grant; shares granted: 1,050; price reported: $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Grant made pursuant to the NBT Bancorp Inc. 2024 Omnibus Incentive Plan; outside director RSU retainer vests in one year.
• No 10b5-1 plan, cashless exercise, gift, or tax-withholding details were reported.

Context

• This is a routine director compensation award rather than an open-market purchase or sale. RSUs vest over time (one year here), so Nasca does not have immediate free-trading shares at grant. Such grants are standard for outside directors and are primarily a compensation item, not a direct signal of buying or selling intent.