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Orange County Bancorp, Inc. /DE/·4

Mar 12, 4:41 PM ET

Dineen David P 4

Research Summary

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Updated

Orange County Bancorp (OBT) SVP David P. Dineen Sells 277 Shares

What Happened
David P. Dineen, Senior Vice President and Director, Wealth Services at Orange County Bancorp (OBT), had 277 shares disposed to satisfy tax withholding related to vested equity. The shares were valued at $31.47 each, totaling approximately $8,717. This was a withholding/disposition to cover tax liability (transaction code F), not an open-market sale intended as investment action.

Key Details

  • Transaction date: March 10, 2026. Filing date (SEC): March 12, 2026.
  • Transaction type/code: F — payment of exercise price or tax liability (share withholding).
  • Shares affected: 277 shares at $31.47 per share, total value ~$8,717.
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Relevant footnotes:
    • F1: RSUs vesting 1/3 per year starting May 28, 2023.
    • F2: RSUs vesting 1/3 per year starting March 11, 2024.
    • F3: RSUs vesting 1/3 per year starting March 20, 2026.
    • F4: Reflects transactions not required to be reported under Section 16.
  • Filing timeliness: Report filed two days after the transaction (no late filing flag provided in the materials supplied).

Context
This was a routine tax-withholding event tied to equity compensation (restricted stock units), where the company withholds/disposes of a portion of shares to cover required taxes. Such transactions are administrative and do not necessarily indicate insider sentiment about the company's stock.