Orange County Bancorp (OBT) Director Gregory Holcombe Receives Award

What Happened

• Gregory F. Holcombe, a director of Orange County Bancorp, received a grant/award of derivative securities on 2026-09-15 (transaction code A). The filing lists a per-share value of $38.78 but does not disclose a specific number of shares in the transaction summary (listed as N/A). This award is recorded as a derivative grant (restricted stock units and/or phantom stock), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-16 (appears timely).
• Price indicated: $38.78 per share (valuation on grant).
• Shares acquired: not specified in the filing excerpt (N/A).
• Shares owned after transaction: not provided in the provided filing details.
• Footnotes in the filing:
  • F1: RSUs that vest 100% as of the date of grant and settle in shares upon separation from service.
  • F2: RSUs that vest 100% on Feb 19, 2027, and settle in shares upon separation from service.
  • F3: Phantom stock units equal to one share each and payable upon separation from service.
• Transaction type: Award/Grant (A) — derivative awards with future settlement/vesting conditions.

Context

• These awards are compensation-type grants to a director and are settled in stock or stock-equivalent units upon vesting or separation; they do not represent an immediate market purchase or sale. Such grants are common for board compensation and do not by themselves indicate the director is buying or selling shares for market exposure.