Tirado Olga Luz 4

What Happened Olga Luz Tirado, a director of Orange County Bancorp (OBT), received a grant/award of derivative securities on June 15, 2026 (transaction code A). The filing reports an imputed price of $35.35 per share but does not disclose the number of shares or an aggregate dollar value (reported as N/A). This was an award/grant (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-06-15; Form filed: 2026-06-17 (filed on time).
• Reported price: $35.35 per share; number of shares and total value: N/A (not disclosed).
• Shares owned after the transaction: not disclosed in the filing.
• Footnote F1: Includes restricted stock units (RSUs) that vest 100% on February 19, 2027 and are settled in common stock upon the reporting person's separation from service.
• Footnote F2: Includes phantom stock; each phantom share is the economic equivalent of one common share and becomes payable upon the reporting person's separation as a director.
• Transaction type: Derivative award (code A), not a sale or purchase—no immediate market transaction implied.

Context RSUs and phantom stock are compensation awards that typically vest or pay out later and do not indicate an immediate purchase or sale of stock. Because the filing does not disclose the award quantity or aggregate value, investors cannot infer the dollar size of the grant from this Form 4 alone. This filing appears to be timely (filed within the usual two‑business‑day window).