Bank of N.T. Butterfield (NTB) MD Jody Feldman Sells 7,500 Shares

What Happened Jody Terence Feldman, Managing Director (Bermuda) at Bank of N.T. Butterfield & Son Ltd (NTB), reported the sale of 7,500 shares on July 29, 2026. The transaction was reported as an open market or private sale at $59.94 per share for a reported total of $449,535. This was a sale (disposition) of existing shares — sales are often routine and do not necessarily indicate a change in insider sentiment.

Key Details

• Transaction date and price: July 29, 2026 — 7,500 shares at $59.94 per share.
• Reported transaction value: $449,535 (as reported on the Form 4).
• Shares owned after transaction: Not specified in the filing.
• Disclosure notes: Reported as an open market or private sale (Form 4 code S). No 10b5-1 plan, tax withholding, or other footnotes were disclosed in the provided filing details.
• Filing timeliness: Form filed on July 31, 2026 — appears to be filed within the customary 2-business-day window (timely).

Context

• This filing documents a straight sale of already-held shares; it does not involve option exercise, awards, or gifts.
• For retail investors, purchases by insiders can be stronger signals than routine sales. A single sale like this is common and should be considered alongside other insider activity and company fundamentals.