Bank of N.T. Butterfield (NTB) Managing Director Jane Pearce Sells Shares

What Happened Jane Pearce, Managing Director (Trust) at Bank of N.T. Butterfield & Son Ltd (NTB), reported the sale of 16,368 common shares on August 18, 2026. The shares were disposed at $61.78 each for a total transaction value of approximately $1,011,169. The filing describes the transaction as an open-market or private sale (code S), which is a sale of existing holdings rather than a purchase or option exercise. Sales by insiders are often routine portfolio moves and do not necessarily indicate a change in view about the company.

Key Details

• Transaction date: 2026-08-18; Filing date: 2026-08-19 (reported the next day).
• Shares sold: 16,368 at $61.78 per share; total proceeds ≈ $1,011,169.
• Transaction type: Sale (open-market or private sale per the Form 4).
• Shares owned after transaction: Not specified in the information provided in this summary.
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes were disclosed in the data provided.
• Timeliness: Filing was submitted one day after the transaction (not indicated as late).

Context Insider sales are common and can reflect personal liquidity needs, diversification, or other personal reasons; they do not alone signal management’s view of company fundamentals. Purchases generally carry more informational weight for investors. If you track insider activity, consider this sale along with other recent insider trades and company fundamentals before drawing conclusions.