CANTELE RICHARD J JR 4
4 · NBT BANCORP INC · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
NBT Bancorp (NBTB) Director Richard Cantele Jr Receives 1,050-Share Award
What Happened
Richard J. Cantele Jr., a director of NBT Bancorp, was awarded 1,050 shares on May 19, 2026. The Form 4 reports the grant at $0.00 per share (total $0), reflecting an award of restricted stock units rather than a cash purchase or sale. This is a compensation grant to an outside director rather than a market buy or sale.
Key Details
- Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (appears timely).
- Transaction type: Award/Grant (code A); 1,050 shares granted at $0.00 per share (total $0).
- Shares owned after transaction: not provided in the supplied filing details.
- Footnote: Grant made pursuant to the NBT Bancorp Inc. 2024 Omnibus Incentive Plan. Outside directors receive an annual retainer in the form of restricted stock units that vest in one year.
- No sale, purchase, option exercise, or 10% owner action reported.
Context
Director RSU awards are routine compensation for non-employee directors and typically vest over time (here: one year), so they signal standard remuneration rather than a trading view. Because this is a grant (not a purchase or sale), it should not be interpreted as a direct buy/sell signal about the director’s sentiment toward the stock.
Insider Transaction Report
- Award
NBT Bancorp Inc. Common Stock
[F1]2026-05-19+1,050→ 58,105.798 total
- 3,214.562(indirect: By 401(k))
NBT Bancorp Inc. Common Stock
Footnotes (1)
- [F1]Acquired pursuant to the NBT Bancorp Inc. 2024 Omnibus Incentive Plan. Each outside director is entitled to receive an annual retainer for Board service in the form of restricted stock units of the Company's common stock that vest in one year.