Kennedy Marianna R 4

What Happened Marianna R. Kennedy, a director of Orange County Bancorp, received a grant/award of derivative equity on April 1, 2026 (transaction code A). The filing lists a per-share/unit price of $32.32 but does not disclose the number of units granted or a total dollar amount. The award is derivative (not currently issued common shares) and will convert or pay out under the terms described in the footnotes.

Key Details

• Transaction date: 2026-04-01; filing date: 2026-04-02 (filed timely).
• Transaction type/code: A = Award/Grant (derivative securities).
• Price listed: $32.32 per share/unit; number of units granted: N/A in the filing.
• Shares owned after transaction: not specified in the provided filing data.
• Footnotes indicate the award includes restricted stock units and phantom stock with different settlement/vesting triggers:
  • F1: RSUs that vest 100% as of grant date and settle in shares upon separation from service.
  • F2: RSUs vesting 100% on Feb 19, 2027 and settle in shares upon separation.
  • F3: Phantom stock equal to one share each, payable upon separation from service as a director.
• No 10b5-1 plan, tax-withholding sale, or late filing noted in the provided data.

Context This was a non-cash equity compensation grant (derivative units) rather than an open-market purchase or sale. Such awards commonly reflect director compensation and do not necessarily indicate the director is buying or selling stock based on private information. Because the filing does not state the unit count or total value, investors cannot calculate the monetary size of the grant from this Form 4 alone.