Brown Jason David 4
Research Summary
AI-generated summary
NBT Bancorp (NBTB) Director Jason Brown Receives 1,050-Share Award
What Happened
Director Jason David Brown was granted 1,050 shares (reported as an acquisition/award) on 2026-05-19 pursuant to the company's compensation plan. The Form 4 reports the transaction price as $0.00 and lists a total cash amount of $0 — this reflects an awarded grant (restricted stock units) rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (filed within the typical 2-business-day window).
- Transaction type/code: A — Grant/Award (acquisition of restricted shares).
- Shares granted: 1,050; reported price: $0.00; reported cash amount: $0.
- Shares owned after the transaction: Not specified in the information provided.
- Footnote: Grant made under the NBT Bancorp Inc. 2024 Omnibus Incentive Plan — outside directors receive an annual retainer in restricted stock units that vest in one year.
Context
This was an award of restricted stock units as director compensation, not a market buy or sale. Such grants are common for outside directors and typically vest over time (here, one year), so they do not necessarily signal immediate insider buying or selling intent.