Sparks Martin Randolph 4

What Happened
Martin Randolph Sparks, EVP, General Counsel and Secretary of NBT Bancorp (NBTB), was granted 2,919 and 2,746 restricted stock units (RSUs) on March 23, 2026 (total 5,665 RSUs, granted at $0). On the same date 991 shares were surrendered/disposed to cover tax liabilities (236 and 755 shares), reported at $41.99 per share, producing roughly $41,612 in proceeds.

Key Details

• Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (timely filing).
• Grants: 2,919 RSUs and 2,746 RSUs granted (acquisition code A; grant price $0).
• Tax withholding/disposition: 236 shares and 755 shares disposed under code F at $41.99 each (total ≈ $41,612).
• Shares owned after transaction: not specified in the filing.
• Footnotes: one grant vests 20% annually under the Omnibus RSU Agreement; another was earned and vested following a three‑year performance period.
• Transaction codes: A = award/grant; F = payment of tax liability (shares used/surrendered to satisfy withholding).

Context
These transactions reflect equity compensation and routine tax withholding rather than an open‑market purchase or opportunistic sale. The awards increase potential future ownership as RSUs vest per the stated schedules; the disposed shares were used to cover tax obligations and should not be read as a directional bet on the stock.