4Filed Jul 30, 8:00 PM ET

NTB Chief Risk Officer Andrew Burns Sells 18,566 Shares

$NTB · Bank of N.T. Butterfield & Son Ltd

Research Summary

AI-generated summary of this SEC filing

Updated

NTB Chief Risk Officer Andrew Burns Sells 18,566 Shares

What Happened
Andrew Ronald Burns, Chief Risk Officer (Cayman) of Bank of N.T. Butterfield & Son Ltd (NTB), sold 18,566 shares on 2026-07-30 at $61.27 per share, generating gross proceeds of approximately $1,137,485. The Form 4 lists the transaction as a sale (code S / open market or private sale). Sales are generally routine liquidity events and do not by themselves indicate the insider’s view of the company.

Key Details

  • Transaction date and price: 2026-07-30 — 18,566 shares sold at $61.27 each.
  • Total proceeds: ~$1,137,485 (gross).
  • Filing date: 2026-07-31 — filed one day after the trade (appears timely under Form 4 rules).
  • Shares owned after transaction: Not disclosed in the supplied filing excerpt.
  • Footnotes/notable plan info: No 10b5-1 plan, tax‑withholding, or other footnotes were reported in the provided data.
  • Transaction code: S = Sale (open market or private sale).

Context
This was a straight sale of existing shares rather than an option exercise, gift, or award. Such insider sales can reflect personal liquidity needs or portfolio management and should be considered alongside other filings and company fundamentals. Because this is an executive (not a disclosed >10% owner) and no plan or special circumstances were reported, there’s no additional structural context provided in the filing.