Rhinebeck Bancorp (RBKB) EVP Michael Vitale Buys 4,834 Shares

What Happened
Michael Vitale, EVP and Head of Commercial Banking at Rhinebeck Bancorp (RBKB), acquired 4,834 shares on 2026-08-06 at $12.35 per share, a total value of about $59,700. The Form 4 lists the transaction as a purchase (code P), reported the same day.

Key Details

• Transaction date and price: 2026-08-06 at $12.35 per share.
• Shares acquired: 4,834; total consideration ≈ $59,700.
• Transaction type: Open-market or private purchase (Form 4 code P).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Some shares include restricted stock that vests 33 1/3% per year beginning April 21, 2027.
• Timeliness: Filing date matches the transaction date (timely, not reported late).

Context
A purchase by an executive is a direct acquisition of company stock (often viewed by investors as a positive signal, though motivations aren’t disclosed). The restricted-stock vesting schedule means a portion of the holding is subject to future service-based vesting.