HOLCOMBE GREGORY F 4
4 · Orange County Bancorp, Inc. /DE/ · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
OBT Director Gregory Holcombe Receives Award, Surrenders 995 Shares
What Happened
Gregory F. Holcombe, a director of Orange County Bancorp, received an award of 866 shares on February 19, 2026 (recorded at $0, indicating a grant/RSU award). The next day (Feb 20, 2026) the filing reports a disposition to the issuer of 995 shares (price N/A) and a separate derivative award/recording on Feb 20 (no share count or price disclosed). The initial award is recorded as an acquisition (A) and the Feb 20 transfer to the issuer is a disposition (D), not an open-market sale.
Key Details
- Transaction dates: Grant/acquisition 2026-02-19 (866 shares @ $0); disposition to issuer 2026-02-20 (995 shares, price N/A); additional derivative entry 2026-02-20 (no shares/price disclosed).
- Shares owned after the transactions: not specified in the excerpted filing.
- Footnotes in the filing indicate these are restricted stock units (RSUs) and/or phantom stock that generally vest and settle in common shares upon the reporting person’s separation from service:
- F1: RSUs vest 100% as of grant and settle in shares on separation.
- F2: RSUs vested 100% on Feb 20, 2026 and were deferred into the company’s Stock-Based Deferral Plan; they will settle in shares on separation.
- F3: Phantom stock equals the economic value of one share and pays out on separation as a director.
- F4: RSUs vest 100% on Feb 19, 2027 and settle on separation.
- The Feb 23, 2026 filing date is four days after the Feb 19 transaction; Form 4s are typically due within two business days, so this filing may be tardy (check the full filing for any tardiness notation).
Context
- These entries look like compensation-related awards (RSUs/phantom stock) and a non-market disposition to the issuer (commonly used to satisfy tax withholding or other plan requirements). Such transactions are not the same as open-market buys or sells and do not necessarily indicate immediate trading or sentiment.
- Derivative awards (RSUs/phantom stock) generally settle in shares upon separation from service and are not immediately tradable stock purchases.
Insider Transaction Report
Form 4
HOLCOMBE GREGORY F
Director
Transactions
- Award
Common Stock
[F4][F1][F2]2026-02-19+866→ 69,819 total - Disposition to Issuer
Common Stock
[F2][F1]2026-02-20−995→ 68,824 total - Award
Phantom Stock
[F3][F2]2026-02-20→ 22,997 total→ Common Stock (1,011 underlying)
Holdings
- 14,920(indirect: By Foundation)
Common Stock
- 12,054(indirect: By Trust)
Common Stock
- 34,720(indirect: By Trust)
Common Stock
- 34,720(indirect: By Trust)
Common Stock
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