NBTB (NASDAQ: NBTB) notifies proposed sale of 2,400 restricted shares via broker

Rhea-AI Filing Summary

NBTB submitted Form 144 reporting proposed sales of Restricted Stock. The notice lists two scheduled lots of Common Restricted Stock: 109 shares dated 01/15/2024 and 2,291 shares dated 01/15/2025

The filing names Morgan Stanley Smith Barney LLC as the broker-dealer handling the transactions; timing and cash-proceeds treatment are not detailed in the excerpt.

Insights

Securities Compliance Counsel

Form 144 notice of proposed sale; broker-dealer identified.

Form 144 is a regulatory notice used to report proposed sales of restricted or control securities under the Securities Act. The excerpt lists two restricted-stock lots with vesting/issuance dates and a broker-dealer: Morgan Stanley Smith Barney LLC.

Key procedural dependencies include Rule 144 holding-period and volume limitations; the excerpt does not state whether those conditions are satisfied or whether sales will occur, so transaction effectiveness depends on later execution and compliance statements.

Equity Markets Analyst

Small-scale proposed dispositions; limited market impact.

The quantities shown (109 and 2,291 shares) are modest in size relative to typical public-company floats. The excerpt does not disclose offer prices or intended sale methods, so market-impact assessment is not possible from the provided lines.

Subsequent trading notices or a Form 4/144 amendment would clarify actual sales and proceeds; absent that, these are notices of intent rather than completed dispositions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2400	99120.24	52204410	03/13/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/15/2024	Restricted Stock	Issuer			109	01/15/2024	Not Applicable
Common	01/15/2025	Restricted Stock	Issuer			2291	01/15/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does NBTB's Form 144 disclose about the securities to be sold?

The Form 144 lists proposed sales of Restricted Common Stock, including 109 shares dated 01/15/2024 and 2,291 shares dated 01/15/2025. It names Morgan Stanley Smith Barney LLC as the broker-dealer for the transactions.

Does the Form 144 mean the shares have already been sold?

No. Form 144 is a notice of proposed sale; it reports intent to sell restricted or control securities. The excerpt does not state that sales were executed or provide sale prices, so completion is not confirmed in the provided text.

Who is the broker handling the proposed sales in the filing?

The filing names Morgan Stanley Smith Barney LLC with address 1 New York Plaza, 8th Floor, New York, NY. That broker-dealer is listed in connection with the proposed transactions in the excerpt.

Are transaction proceeds or sale timing disclosed in the excerpt?

No. The excerpt does not provide proceeds, pricing, or explicit timing for when the sales would occur. It only lists scheduled dates tied to the restricted-stock entries and the broker-dealer handling the notices.

Do the listed share counts indicate material dilution for NBTB?

The excerpt shows 109 and 2,291 shares as proposed lots. Without a disclosed outstanding-share count in the excerpt, materiality or dilution cannot be assessed from the provided lines.