Vitale Michael 4

What Happened Michael Vitale, Executive Vice President and Head of Commercial Banking at Rhinebeck Bancorp (RBKB), made an open-market purchase of 5,000 common shares on 2026-07-22 at $11.94 per share, for a total transaction value of $59,700. This was a purchase (acquisition), which many investors view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-07-22; filing date: 2026-07-23.
• Transaction type: Open market purchase (Code P).
• Shares bought: 5,000 at $11.94 each; total ≈ $59,700.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — Holdings include restricted stock that vests at 33 1/3% per year beginning April 21, 2027.
• Timeliness: Filing shows the trade reported the next day; no late-filing indication in the provided record.

Context This was a straightforward open-market purchase (no option exercise, gift, or tax-withholding event). Purchases by executives can be seen as a signal of confidence, but they are only one data point; consider company fundamentals and other insider activity when evaluating significance.