RBKB Director Nancy Koskey Patzwahl Receives 1,624-Share Award

What Happened

Nancy Koskey Patzwahl, a director of Rhinebeck Bancorp, received an award of 1,624 shares of restricted stock on May 26, 2026. The shares were granted at no cash cost (reported price $0.00). The award is reported on a Form 4 filed May 28, 2026.

Key Details

• Transaction date: 2026-05-26; filing date: 2026-05-28 (filed timely).
• Transaction type/code: Award/Grant (A); 1,624 shares acquired at $0.00.
• Vesting: Shares vest at 33 1/3% per year commencing May 26, 2027 (per footnote).
• Shares owned after the transaction: not specified in the provided filing.
• No sale or open-market purchase was reported — this is a compensation grant, not a market trade.

Context

Restricted stock awards are a form of compensation and typically vest over time; they do not necessarily indicate immediate buying or selling sentiment. For retail investors, awards can signal standard director compensation but should be interpreted with other insider activity and company fundamentals.