WATT JOHN H JR 4

What Happened
John H. Watt Jr, a director of NBT Bancorp (ticker: NBTB), sold 21,000 shares in an open-market transaction on June 9, 2026. The reported average sale price was $47.42 per share for a total proceeds of $995,751. This was a sale (transaction code S), not a purchase or option exercise.

Key Details

• Transaction date: June 9, 2026; Form 4 filed: June 10, 2026 (appears timely).
• Price: average $47.42 per share; footnote reports individual sale prices ranged from $47.3776 to $47.4363.
• Shares sold: 21,000; total proceeds: $995,751.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: F1 states the sale price is an average of 21,000 shares sold at prices between $47.3776 and $47.4363.
• Method/code: Open-market sale (S). No 10b5-1 plan, tax withholding, or other conditions were noted in the excerpt provided.

Context
Insider sales are common for liquidity, diversification, or personal reasons and do not by themselves prove a change in the insider’s view of the company. Purchases tend to be more indicative of bullish sentiment; this single routine sale should be viewed as one data point among broader insider activity and company fundamentals.