NBT Bancorp (NASDAQ: NBTB) EVP sells 5,000 shares at $46.60
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NBT Bancorp Inc. executive Ruth H. Mahoney, EVP and President of Wealth Management, reported an open-market sale of 5,000 shares of NBT Bancorp Inc. common stock at $46.60 per share on 2026-06-05.
After this sale, she holds 16,427.542 common shares directly and 4,720.689 shares indirectly through a 401(k) plan. She also holds 10,249.198 phantom stock units, each deemed invested in one share of NBT Bancorp Inc. common stock under a deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($233,000)
Net Sell
3 txns
Insider
Mahoney Ruth H
Role
EVP/President of Wealth Mgmt
Sold
5,000 shs ($233K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | NBT Bancorp Inc. Common Stock | 5,000 | $46.60 | $233K |
| holding | Phantom Stock | -- | -- | -- |
| holding | NBT Bancorp Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
NBT Bancorp Inc. Common Stock — 16,427.542 shares (Direct, null);
Phantom Stock — 10,249.198 shares (Direct, null);
NBT Bancorp Inc. Common Stock — 4,720.689 shares (Indirect, 401k)
Footnotes (1)
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Key Figures
Shares sold: 5,000 shares
Sale price: $46.60 per share
Direct common shares after sale: 16,427.542 shares
+3 more
6 metrics
Shares sold
5,000 shares
Open-market sale on 2026-06-05
Sale price
$46.60 per share
Open-market sale on 2026-06-05
Direct common shares after sale
16,427.542 shares
Holdings following 2026-06-05 transaction
Indirect 401(k) shares
4,720.689 shares
401(k) holdings as of 2026-06-05
Phantom stock units
10,249.198 units
Phantom stock deemed invested in common stock
Underlying shares for phantom stock
10,249.198 shares
Underlying NBT Bancorp common stock equivalent
Key Terms
Phantom Stock, Deferred Compensation Plan, open-market sale, 401k
4 terms
Phantom Stock financial
"Each share of phantom stock is deemed invested in one share of NBT Bancorp Inc. 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
"pursuant to the terms of 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.
open-market sale financial
"transaction_code_description": "Sale in open market or private transaction""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
401k financial
"nature_of_ownership": "401k""
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.
FAQ
What insider transaction did NBT Bancorp (NBTB) report for Ruth H. Mahoney?
NBT Bancorp reported that executive Ruth H. Mahoney sold 5,000 shares of common stock in an open-market transaction at $46.60 per share on 2026-06-05. The filing also details her remaining direct, indirect, and phantom stock holdings after the sale.
What are Ruth H. Mahoney’s NBT Bancorp (NBTB) holdings after the reported sale?
Following the 5,000-share sale, Ruth H. Mahoney holds 16,427.542 NBT Bancorp common shares directly and 4,720.689 shares indirectly through a 401(k). She also has 10,249.198 phantom stock units tied to NBT Bancorp common stock under a deferred compensation plan.
How is Ruth H. Mahoney’s phantom stock in NBT Bancorp (NBTB) structured?
Each phantom stock unit held by Ruth H. Mahoney is deemed invested in one share of NBT Bancorp Inc. common stock under the Deferred Compensation Plan. The Form 4 shows 10,249.198 phantom units outstanding, economically tracking the company’s common stock but not representing actual shares.