NBT Bancorp EVP updates stock and phantom holdings

NBT Bancorp Inc. executive Sarah A. Halliday reported updated equity holdings in a Form 4.

Rhea-AI Filing Summary

NBT Bancorp Inc. executive Sarah A. Halliday reported updated equity holdings in a Form 4. She now directly holds 31,054 shares of NBT Bancorp Inc. common stock and indirectly holds 3,637.129 shares through a 401(k) account following a discretionary transaction of 4,015.748 shares at $44.8235 per share under Rule 16b-3(f). She also holds 5,317.933 phantom stock units, each deemed invested in one share of NBT Bancorp Inc. common stock pursuant to the Deferred Compensation Plan.

Insider Trade Summary

Discretionary: 4,015.748 shares

Discretionary 3 txns

Insider Halliday Sarah A

Role EVP/Chief Comm Innovation Off

Type	Security	Shares	Price	Value
Discretionary	NBT Bancorp Inc. Common Stock	4,015.748	$44.8235	$180K
holding	Phantom Stock	--	--	--
holding	NBT Bancorp Inc. Common Stock	--	--	--

Holdings After Transaction: NBT Bancorp Inc. Common Stock — 3,637.129 shares (Indirect, 401k); Phantom Stock — 5,317.933 contracts (Direct); NBT Bancorp Inc. Common Stock — 31,054 shares (Direct)

Footnotes (1)

1. F1. Each share of phantom stock is deemed invested in one share of NBT Bancorp Inc. common stock pursuant to the terms of the Deferred Compensation Plan.

Key Figures

Direct common stock holdings: 31,054 shares Indirect 401k holdings: 3,637.129 shares Discretionary 401k transaction size: 4,015.748 shares at $44.8235 +2 more

5 metrics

Direct common stock holdings 31,054 shares Direct ownership after reported transactions

Indirect 401k holdings 3,637.129 shares NBT Bancorp common stock in 401k after discretionary transaction

Discretionary 401k transaction size 4,015.748 shares at $44.8235 Rule 16b-3(f) transaction in NBT Bancorp common stock

Phantom stock units 5,317.933 units Each unit deemed invested in one NBT Bancorp common share

Phantom stock exercise price $0.0000 Exercise price for phantom stock linked to common shares

Key Terms

Phantom Stock, Deferred Compensation Plan, Rule 16b-3(f)

3 terms

Phantom Stock financial

"The filing lists Phantom Stock deemed invested in NBT Bancorp common stock."

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

Deferred Compensation Plan financial

"Each share of phantom stock is deemed invested under the Deferred Compensation Plan."

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

Rule 16b-3(f) regulatory

"The 401k transaction is coded as a discretionary transaction under Rule 16b-3(f)."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did NBT Bancorp (NBTB) executive Sarah Halliday report in this Form 4?

Sarah A. Halliday reported updated holdings of NBT Bancorp common stock and phantom stock. She disclosed direct ownership, 401(k) indirect ownership after a discretionary transaction, and phantom stock units linked to the company’s shares under a Deferred Compensation Plan.

How many NBT Bancorp (NBTB) shares does Sarah Halliday hold directly and indirectly?

Sarah Halliday holds 31,054 NBT Bancorp common shares directly and 3,637.129 shares indirectly via a 401(k) account. The indirect amount reflects balances after a discretionary Rule 16b-3(f) transaction reported at a price of $44.8235 per share.

What is the 4,015.748-share transaction reported by Sarah Halliday in NBTB stock?

The filing shows a 4,015.748-share discretionary transaction in NBT Bancorp common stock at $44.8235 per share within a 401(k) account. It is coded as a Rule 16b-3(f) discretionary transaction, not as a standard open-market buy or sell.

What phantom stock holdings does Sarah Halliday report related to NBT Bancorp (NBTB)?

Sarah Halliday reports 5,317.933 phantom stock units tied to NBT Bancorp common stock. Each phantom share is deemed invested in one common share under the company’s Deferred Compensation Plan, functioning as a cash-settled, stock-linked compensation arrangement.

How is the phantom stock in NBT Bancorp’s Deferred Compensation Plan linked to common shares?

Each phantom stock unit is deemed invested in one share of NBT Bancorp common stock under the Deferred Compensation Plan. This gives Halliday economic exposure to the stock’s value without holding additional actual shares, as detailed in the Form 4 footnote.

Does this NBT Bancorp (NBTB) Form 4 show any open-market buying or selling by Sarah Halliday?

The summary data does not classify any transactions as open-market buys or sells. It identifies one discretionary Rule 16b-3(f) 401(k) transaction and updated holdings, with no transaction marked as a standard open-market purchase or sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/13/2026 - 07:49 PM EDT Learn about SEC filing dates

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^*

Halliday Sarah 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 Comm Innovation Off

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

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	05/11/2026		I		4,015.748	D	$44.8235	3,637.129	I	401k
NBT Bancorp Inc. Common Stock								31,054	D

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
Phantom Stock	(1)							(1)	(1)	NBT Bancorp Inc. Common Stock	5,317.933		5,317.933	D

Explanation of Responses:

1. Each share of phantom stock is deemed invested in one share of NBT Bancorp Inc. common stock pursuant to the terms of the Deferred Compensation Plan.

	By: Annette L. Burns, Power of Attorney For: Sarah A. Halliday	05/13/2026
	** 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)