Keane Kevin J 4

What Happened

• Kevin J. Keane, a director of Orange County Bancorp, received a grant/award of derivative securities on 2026-07-01 (transaction code A). The filing lists a per-share price of $37.46 but does not specify the number of units or an aggregate dollar amount. This was an award of non‑cash derivative instruments (restricted stock units and/or phantom stock), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-06 (period of report 2026-07-01).
• Reported price: $37.46 per share (grant price used in the filing); number of units/shares acquired: not disclosed (N/A).
• Shares owned after the transaction: not specified in the provided data.
• Footnotes:
  • F1: Includes RSUs that vest 100% as of the grant date and are settled in shares upon separation from service.
  • F2: Includes RSUs that vest 100% on Feb 19, 2027 and settle in shares upon separation.
  • F3: Phantom stock equals the economic value of one share and is payable on separation of service as a director.
• No indication in the provided summary that this was a sale, purchase, or part of a 10b5-1 plan; it is an award/grant (A).

Context

• These awards are derivative compensation typically used for director pay. RSUs/phantom stock do not create immediate tradable shares; they convert to shares or cash on vesting or upon separation per the footnotes. Such awards are routine director compensation and do not, by themselves, signal a buy or sell decision by the insider.