Rhinebeck Bancorp (RBKB) COO Jamie Bloom Receives 1,000 Shares

What Happened

• Jamie J. Bloom, Chief Operating Officer of Rhinebeck Bancorp, received a grant/award of 1,000 shares on July 21, 2026. The reported acquisition price is $10.00 per share, for a total value of $10,000. This was an award/grant (an acquisition), not an open-market purchase or sale.

Key Details

• Transaction date and price: July 21, 2026 — 1,000 shares at $10.00 per share (total $10,000).
• Shares owned after transaction: Not specified in the provided filing data.
• Vesting: The granted shares are restricted stock and vest at 33 1/3% per year beginning May 26, 2027 (Footnote F2).
• Corporate conversion adjustment: Footnote F1 notes a 1.3978-to-1 stock exchange ratio related to the company’s mutual-to-stock conversion; share counts/prices reflect that adjustment. Footnote F3 indicates option exercise prices were similarly adjusted. Footnote F4 notes stock options are fully vested (though options were not part of this grant).
• Filing timeliness: Report filed on 2026-07-21 for a 2026-07-21 transaction — appears to be filed contemporaneously.

Context

• This was an awarded grant of restricted stock (an acquisition/award), which differs from an open-market purchase or sale; awards are typically part of compensation or retention programs. The vesting schedule means the shares will vest over time (one-third per year starting May 26, 2027), so Bloom does not have immediate unrestricted ownership of all shares.