Hyle Shaunastar 4
4 · NBT BANCORP INC · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
NBTB EVP Hyle Shaunastar Receives 4,977 RSUs; 803 Shares Withheld
What Happened
Hyle Shaunastar, EVP, Retail Community Banking at NBT Bancorp (NBTB), was granted a total of 4,977 restricted stock units (RSUs) on 2026-03-23 (two grant entries: 2,751 and 2,226 RSUs). To satisfy tax withholding obligations, 803 shares were surrendered/withheld (two disposals of 191 and 612 shares) at $41.99 per share, totaling $33,718. The RSU grants show $0.00 purchase price (typical for RSU awards) — this is an award/vesting event rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-23; Form 4 filed 2026-03-25 (timely).
- Grants: 2,751 RSUs and 2,226 RSUs granted (total 4,977 RSUs) — acquisition code (A), $0.00 price shown.
- Tax withholding: 191 shares disposed for $8,020 and 612 shares disposed for $25,698 (total withheld value $33,718) — withholding code (F).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes: F1 — omnibus RSU agreement vests 20% annually; F2 — one RSU award was a performance-based unit that vested after a three-year performance period.
Context
RSU grants are compensation awards that vest over time or on performance goals; the grant itself is not a market purchase. The disposals here are routine tax-withholding (shares surrendered to cover taxes) rather than a directional sale of remaining holdings. The filing appears timely (filed two days after the transaction).
Insider Transaction Report
- Award
NBT Bancorp Inc. Common Stock
[F1]2026-03-23+2,751→ 27,875 total - Tax Payment
NBT Bancorp Inc. Common Stock
2026-03-23$41.99/sh−191$8,020→ 27,684 total - Tax Payment
NBT Bancorp Inc. Common Stock
2026-03-23$41.99/sh−612$25,698→ 27,072 total - Award
NBT Bancorp Inc. Common Stock
[F2]2026-03-23+2,226→ 29,298 total
- 1,059.527(indirect: By 401(k))
NBT Bancorp Inc. Common Stock
- 1.442(indirect: Custodian for Minor)
NBT Bancorp Inc. Common Stock
- 338.479(indirect: NBT BancorpESOP)
NBT Bancorp Inc. Common Stock
Footnotes (2)
- [F1]Pursuant to NBT Bancorp Inc. Omnibus Restricted Stock Unit Agreement the grant vests 20% annually.
- [F2]Earned restricted stock unit vested following the end of a three-year performance period.