Lynch Mark T 4
4 · Bank of N.T. Butterfield & Son Ltd · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Bank of N.T. Butterfield Director Mark Lynch Buys 10,000 Shares
What Happened
Mark T. Lynch, a director of Bank of N.T. Butterfield & Son Ltd (NTB), made an open-market purchase of 10,000 shares on May 29, 2026. The shares were acquired at $56.49 each for a total transaction value of $564,940. This was a purchase (transaction code P), which is typically viewed as a more informative signal than routine sales because it represents an insider adding to holdings.
Key Details
- Transaction date: 2026-05-29
- Price per share: $56.49
- Shares acquired: 10,000
- Total value: $564,940
- Transaction type: Open-market purchase (Code P)
- Filing date / Accession: Form 4 filed 2026-06-02 (Accession 0001653242-26-000055) — filed within the SEC’s two-business-day window (timely)
- Shares owned after transaction: Not disclosed in the filing
- Footnotes/plan disclosures: No 10b5-1 plan, tax-withholding, or other special footnotes reported in this filing
Context
This report reflects a straight purchase of common shares by a company director. Purchases by insiders can attract attention from retail investors as they may indicate confidence in the company, but filings do not state the insider’s motive. No derivatives, option exercises, gifts, or cashless sales are involved in this transaction.
Insider Transaction Report
- Purchase
Ordinary shares
2026-05-29$56.49/sh+10,000$564,940→ 234,794 total