Vitale Michael 4

What Happened Michael Vitale, EVP and Head of Commercial Banking at Rhinebeck Bancorp (RBKB), was granted 9,000 restricted shares on April 21, 2026. The award was reported at $0.00 per share (total reported value $0) — this is a compensation grant, not an open-market purchase or sale.

Key Details

• Transaction date: April 21, 2026; Form 4 filed May 8, 2026 (appears to be filed late relative to the usual 2-business-day requirement).
• Transaction type/code: Award/Grant (A).
• Shares granted: 9,000 restricted shares; price reported: $0.00; total $0.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The restricted shares vest at 33 1/3% per year, commencing April 21, 2027 (i.e., roughly a three-year vesting schedule).

Context Restricted stock awards are a form of compensation and do not necessarily indicate a near-term buy or sell signal. The vesting schedule means the award becomes payable over time, aligning incentives with continued service. The filing date is later than the transaction date, which retail investors may note when assessing timeliness of insider disclosures.