Rouis Jonathan F 4

What Happened
Jonathan F. Rouis, a director of Orange County Bancorp (OBT), received a grant of 866 restricted stock units (RSUs) on Feb 19, 2026 (reported as an acquisition at $0.00, common for RSUs). On Feb 20, 2026 the filing reports a disposition of 995 shares to the issuer (price N/A) and an additional derivative award entry on Feb 20 (no share count reported). These transactions are awards/deferrals rather than open-market purchases or cash sales.

Key Details

• Transaction dates: Feb 19, 2026 (grant of 866 RSUs at $0.00); Feb 20, 2026 (disposition of 995 shares to issuer; derivative grant recorded).
• Dollar values: Grant reported at $0.00 per share (typical for RSUs); disposition value listed as N/A.
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: RSUs vest 100% as of grant date and are settled in common stock upon separation from service.
  • F2: A separate RSU grant vested 100% on Feb 20, 2026 (including accumulated dividends) and was deferred into the company’s Stock-Based Deferral Plan; settlement occurs upon separation.
  • F3: Phantom stock cited is the economic equivalent of one share and becomes payable upon a director’s separation of service.
  • F4: Another RSU vests 100% on Feb 19, 2027 and will settle in common stock upon separation.
• Filing timeliness: Report filed Feb 23, 2026; appears to be timely relative to the reported Feb 19–20 transactions.

Context
These entries represent equity awards and plan-related adjustments rather than open-market trades. Disposition to the issuer commonly reflects shares surrendered under plan rules (for example, tax withholding or deferral mechanics), but the filing does not explicitly state the reason. The derivative items and RSUs described will generally settle in shares or cash depending on plan terms when the director separates from service.