Salanger Matthew J 4
Research Summary
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NBT Bancorp (NBTB) Director Matthew J. Salanger Receives Award
What Happened Matthew J. Salanger, a director of NBT Bancorp, received a grant of 1,050 restricted stock units (reported as an acquisition) on 2026-05-19. The reported price per share is $0.00 and the total reported value is $0 — this was an award/compensation grant under the company plan, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (Accession: 0000790359-26-000048).
- Transaction type/code: Award/Grant (A). Price per share reported: $0.00; total reported value: $0.
- Shares owned after transaction: not disclosed in the provided data.
- Footnote: Grant was made pursuant to the NBT Bancorp Inc. 2024 Omnibus Incentive Plan; outside directors receive an annual retainer in restricted stock units that vest in one year.
- Filing timeliness: Form 4 was filed two days after the transaction date; no late filing is indicated in the information provided.
Context This grant reflects routine director compensation (annual retainer paid in RSUs) and vests over one year per the plan. Such awards are standard practice to align directors with shareholders and are not the same as an outright market purchase or sale of shares.