Wiles Amy 4
Research Summary
AI-generated summary
NBTB EVP Amy Wiles Receives RSU Awards; 114 Shares Withheld
What Happened Amy Wiles, EVP and Chief Risk and Credit Officer at NBT Bancorp (NBTB), was granted a total of 8,228 restricted stock units (RSUs) on March 23, 2026 (5,656 RSUs and 2,572 RSUs). At vesting, 114 shares were disposed/withheld to cover tax liabilities at a reported per-share value of $41.99, totaling about $4,787. The RSUs were granted/awarded (not open-market purchases or sales).
Key Details
- Transaction dates: March 23, 2026; Form 4 filed March 25, 2026 (timely filing).
- Grants: 5,656 RSUs and 2,572 RSUs granted (total 8,228 RSUs) at $0.00 per share (typical for RSU awards).
- Tax withholding: 114 shares withheld/disposed at $41.99 each = $4,787 (code F indicates shares surrendered to satisfy tax obligations).
- Shares owned after transaction: Not stated in the filing.
- Footnotes: F1 — Omnibus RSU Agreement vests grants 20% annually. F2 — Earned RSUs vested following the end of a three-year performance period.
Context
- These are equity awards/vestings (acquisitions through grant), not open-market purchases — awards reflect compensation/long-term incentive rather than a direct bullish market purchase.
- The 114-share disposition is a tax-withholding event (common when RSUs vest) and should not be interpreted as a voluntary sale of stock for investment purposes.