DELANEY TIMOTHY E 4
4 · NBT BANCORP INC · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
NBT Bancorp (NBTB) Director Timothy Delaney Receives 1,050-Share Award
What Happened
Timothy E. Delaney, an outside director of NBT Bancorp, was granted 1,050 restricted stock units (reported as 1,050 shares acquired at $0.00) on May 19, 2026. The award was made under the NBT Bancorp Inc. 2024 Omnibus Incentive Plan as the annual retainer for board service; the RSUs vest in one year. No cash was paid for the grant at the time of reporting.
Key Details
- Transaction date: 2026-05-19; grant reported on Form 4 filed 2026-05-21. Filing is within the normal reporting window.
- Transaction type/code: Award/Acquisition (A). Price reported as $0.00; total reported cash consideration $0.
- Number of shares/units granted: 1,050 RSUs.
- Shares owned after the transaction: not specified in the provided excerpt of the Form 4.
- Footnote F1: Grant is pursuant to the 2024 Omnibus Incentive Plan; outside director RSUs vest in one year.
- Footnote F2: A prior Form 4 (filed Jan 29, 2026) misreported direct ownership; the securities reported earlier are actually held by Wesson Group LLC, where Delaney is President.
Context
This is a routine director compensation award (RSUs) rather than an open-market purchase or sale, so it should be viewed as standard pay for board service rather than an overt buy/sell signal. RSUs typically convert to common shares only after vesting (here, one year), at which point any sale or retention would be reported separately.
Insider Transaction Report
- Award
NBT Bancorp Inc. Common Stock
[F1]2026-05-19+1,050→ 52,935 total
- 9.289(indirect: By Spouse)
NBT Bancorp Inc. Common Stock
- 22,730(indirect: by Corporation)
NBT Bancorp Inc. Common Stock
[F2]
Footnotes (2)
- [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.
- [F2]On January 29, 2026, the reporting person filed a Form 4 which inadvertently reported securities were held directly by the reporting person. In fact, the reported securities are held by Wesson Group LLC, a Corporation for which the reporting person serves as the President.