Tirado Olga Luz 4/A

What Happened
Olga Tirado, a director of Orange County Bancorp, was granted a derivative award on 2026-03-16 reported in an amended Form 4 filed 2026-07-06. The award is reported with a per-share value of $31.29, but the number of units/shares acquired is not disclosed (listed as N/A). This was an award/grant (not a market purchase or sale), so it’s a compensation/benefit event rather than a bullish or bearish trading signal.

Key Details

• Transaction type: Award/Grant (derivative instrument) reported as Code A.
• Transaction date: March 16, 2026. Report filed (amended) July 6, 2026 — the filing is late relative to the transaction date.
• Reported per-share value: $31.29. Number of units/shares acquired: N/A (not specified in the filing).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes:
  • F1: Includes restricted stock units (RSUs) that vest 100% on Feb 19, 2027 and are settled in shares of issuer common stock upon the reporting person’s separation from service.
  • F2: Phantom stock units are economically equivalent to one share each and become payable upon the reporting person’s separation of service as a director.

Context
This is a compensation-related derivative award (RSUs and/or phantom stock). RSUs typically convert to actual shares when they vest or upon separation per the footnote; phantom stock generally pays out cash or shares upon separation and does not represent immediate share ownership. Because the filing is an amended, late Form 4, investors should note reduced near-term transparency but rely on the disclosed vesting/payment terms for timing of any future share issuance or payout.