WATT JOHN H JR 4
Research Summary
AI-generated summary
NBT BANCORP (NBTB) Director John H. Watt Jr Receives 1,050-Share Award
What Happened
John H. Watt Jr, a director of NBT Bancorp, was granted 1,050 shares (restricted stock units) on 2026-05-19. The grant was recorded at $0.00 per share (total reported value $0) and represents an award under the company's compensation plan rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (filed within standard two-business-day window).
- Transaction type/code: Award/Grant (A). Price reported: $0.00 per share.
- Shares involved: 1,050 RSUs granted.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Grant made pursuant to the NBT Bancorp Inc. 2024 Omnibus Incentive Plan; outside directors receive annual retainer in restricted stock units that vest after one year.
Context
This was a routine director compensation award (RSUs) — a common non-cash form of pay for board service. Such grants reflect compensation terms and vesting schedules rather than a direct buy/sell signal about the director’s view of the stock.