Keane Kevin J 4

4 · Orange County Bancorp, Inc. /DE/ · Filed Feb 23, 2026

Research Summary

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Orange County Bancorp (OBT) Director Kevin Keane Receives Award

What Happened

  • Kevin J. Keane, a director of Orange County Bancorp, reported receipt of 866 shares as an award on 2026-02-19 (grant price $0.00). The filing also shows a disposition of 995 shares to the issuer on 2026-02-20 and an additional derivative award reported 2026-02-20 (share count/price N/A).
  • The grant on 2/19 was recorded at $0.00 (no cash purchase). The 995-share disposition to the issuer is recorded without a per-share price (N/A) in the filing.

Key Details

  • Transaction dates: 2026-02-19 (award of 866 shares), 2026-02-20 (disposition of 995 shares; additional derivative award reported).
  • Prices: Award listed at $0.00; dispositions and derivative award show N/A for price.
  • Shares owned after transaction: not specified in the filing summary provided.
  • Filing date: Form 4 filed 2026-02-23 reporting transactions dated 2/19–2/20.
  • Footnotes: awards include restricted stock units (RSUs) that vest 100% (some were deferred into the company’s Stock-Based Deferral Plan), phantom stock units that are economic equivalents of common shares, and other RSUs that vest on future dates and generally settle in shares upon separation from service.

Context

  • The combination of an RSU grant and a near-term surrender of shares to the issuer is commonly seen when vested awards are partially surrendered to cover tax withholding or plan-related deferrals; the filing notes deferral and settlement-on-separation provisions. These entries are awards/plan-related actions rather than open-market buys or sales by the director.

Insider Transaction Report

Form 4
Period: 2026-02-19
Transactions
  • Award

    Common Stock

    [F4][F1][F2]
    2026-02-19+86620,261 total
  • Disposition to Issuer

    Common Stock

    [F2][F1]
    2026-02-2099519,266 total
  • Award

    Phantom Stock

    [F3][F2]
    2026-02-2017,380 total
    Common Stock (1,011 underlying)
Holdings
  • Common Stock

    (indirect: By Partnership)
    7,400
  • Common Stock

    (indirect: By 401(k))
    832
Footnotes (4)
  • [F1]Includes restricted stock units which vest 100% as of the date of grant and are settled in shares of Issuer common stock upon separation from service of the reporting person.
  • [F2]Restricted stock units which vest 100% on February 20, 2026 (including accumulated dividends) and were deferred into the Orange County Bancorp, Inc. Stock-Based Deferral Plan, as amended and restated. The restricted stock units will settle in shares of Issuer common stock upon the reporting person's separation from service.
  • [F3]Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's separation of service as a director.
  • [F4]Restricted stock units which vest 100% on February 19, 2027, and are settled in shares of Issuer common stock upon separation from service of the reporting person.
Signature
/s/ Jennifer Staub, pursuant to power of attorney|2026-02-23

Documents

1 file
  • 4
    rdgdoc.xmlPrimary

    FORM 4