NBT Bancorp (NBTB) HR chief uses 285 shares at $44.09 to cover tax withholding

Rhea-AI Filing Summary

NBT Bancorp Inc. executive Cynthia A. Smaniotto reported a Form 4 showing a tax-related share disposition rather than an open-market trade. On May 15, 2026, 285 shares of NBT Bancorp Inc. common stock were used at $44.09 per share to cover tax obligations, classified as a tax-withholding disposition. After this transaction, she directly held 17,746.9270 shares of common stock. She also reported indirect holdings of 935.1620 shares through the NBT Bancorp ESOP and 3,421.3840 shares through a 401k plan.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Smaniotto Cynthia A

Role EVP, Chief HR Officer

Type	Security	Shares	Price	Value
Tax Withholding	NBT Bancorp Inc. Common Stock	285	$44.09	$13K
holding	NBT Bancorp Inc. Common Stock	--	--	--
holding	NBT Bancorp Inc. Common Stock	--	--	--

Holdings After Transaction: NBT Bancorp Inc. Common Stock — 17,746.927 shares (Direct, null); NBT Bancorp Inc. Common Stock — 3,421.384 shares (Indirect, 401k)

Footnotes (1)

Key Figures

Tax-withholding shares: 285 shares Tax-withholding price: $44.09 per share Direct holdings after transaction: 17,746.9270 shares +2 more

5 metrics

Tax-withholding shares 285 shares Delivered to cover tax liability on May 15, 2026

Tax-withholding price $44.09 per share Value of NBT Bancorp common stock in F-code transaction

Direct holdings after transaction 17,746.9270 shares NBT Bancorp common stock held directly by Smaniotto

ESOP indirect holdings 935.1620 shares Indirect ownership through NBT Bancorp ESOP

401k indirect holdings 3,421.3840 shares Indirect ownership through 401k plan

Key Terms

tax-withholding disposition, NBT Bancorp ESOP, 401k, Form 4

4 terms

tax-withholding disposition financial

"classified as a tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

NBT Bancorp ESOP financial

"indirect holdings of 935.1620 shares through the NBT Bancorp ESOP"

401k financial

"3,421.3840 shares through a 401k plan"

An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.

Form 4 regulatory

"Cynthia A. Smaniotto reported a Form 4 showing a tax-related share disposition"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Smaniotto Cynthia A

(Last) (First) (Middle)

52 SOUTH BROAD STREET

(Street)

NORWICH NEW YORK 13815

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NBT BANCORP INC [ NBTB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief HR Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
NBT Bancorp Inc. Common Stock	05/15/2026		F		285	D	$44.09	17,746.927	D
NBT Bancorp Inc. Common Stock								3,421.384	I	401k
NBT Bancorp Inc. Common Stock								935.162	I	NBT Bancorp ESOP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	By: Annette L. Burns, Power of Attorney For: Cynthia A. Smaniotto	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NBTB executive Cynthia Smaniotto report?

Cynthia Smaniotto reported a tax-withholding disposition of NBT Bancorp common stock. 285 shares were delivered at $44.09 per share on May 15, 2026 to satisfy tax obligations tied to equity compensation, not an open-market sale.

How many NBTB shares did Cynthia Smaniotto dispose of for taxes?

She used 285 shares of NBT Bancorp Inc. common stock to pay taxes. The shares were valued at $44.09 each, and the transaction is classified as a tax-withholding disposition rather than a discretionary sale on the open market.

What are Cynthia Smaniotto’s NBTB holdings after the Form 4 transaction?

Following the tax-withholding disposition, she directly held 17,746.9270 NBT Bancorp shares. She also reported indirect ownership of 935.1620 shares through the NBT Bancorp ESOP and 3,421.3840 shares through a 401k retirement plan.

Was the NBTB Form 4 transaction an open-market sale of shares?

No, the Form 4 describes a tax-withholding disposition, coded “F.” Shares were delivered to cover tax liabilities associated with equity compensation, meaning the transaction was not an open-market sale initiated for portfolio or valuation reasons.

How many NBTB shares are indirectly owned by Cynthia Smaniotto?

She reported indirect ownership of 935.1620 shares through the NBT Bancorp ESOP and 3,421.3840 shares via a 401k plan. These accounts hold NBT Bancorp Inc. common stock on her behalf as part of employee benefit programs.