LaFrance Shannon Martin 4

What Happened

• Shannon LaFrance (Director) was granted 1,624 restricted shares of Rhinebeck Bancorp on May 26, 2026. The grant price is reported as $0.00, so the immediate cash value of the acquisition is $0 (this is a compensation award, not an open-market purchase).

Key Details

• Transaction date: May 26, 2026; Filing date: May 28, 2026 (filed two days after the transaction).
• Shares acquired: 1,624 restricted shares at $0.00 per share (total reported value $0).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — restricted shares vest at 33 1/3% per year beginning May 26, 2027; F2 — the filing notes stock options (if any) are fully vested.
• Filing timeliness: No late filing indicator shown; filing occurred two days after the reported transaction.

Context

• This was an award/grant of restricted stock (transaction code A), a common form of director compensation. The shares are subject to multi-year vesting (so they are not freely tradeable immediately). The $0 price reflects a grant rather than a market purchase and does not by itself indicate buying or selling sentiment.