Bank of N.T. Butterfield (NTB) CRO Tara Hidalgo Sells 18,587 Shares

What Happened

• Tara Hidalgo, Chief Risk Officer of Bank of N.T. Butterfield & Son Ltd (NTB), reported an open-market sale of 18,587 shares on 2026-07-30 at $61.27 per share, for total proceeds of approximately $1,138,770. The transaction was disclosed on a Form 4 filed with the SEC on 2026-07-31.
• This was a sale (S) reported by an officer; sales are common for liquidity or portfolio management and do not by themselves indicate company performance.

Key Details

• Transaction date and price: 2026-07-30 — 18,587 shares at $61.27 per share.
• Total value: approximately $1,138,770.
• Transaction type/code: Sale (S), described as open market or private sale in the filing.
• Shares owned after transaction: not specified in the information provided in this filing.
• Footnotes/plan: the Form 4 did not disclose a 10b5-1 plan, tax withholding, or other special footnotes in the provided summary.

Context

• Officer sales are typically routine and can reflect personal liquidity needs rather than a view on the company; the filing does not state a reason for the sale.
• No indication in this filing that the transaction involved option exercise, gift, or other derivative activity.