NBT Bancorp (NBTB) SEVP Joseph Stagliano awarded 2,642 phantom stock units
Rhea-AI Filing Summary
Stagliano Joseph R reported acquisition or exercise transactions in this Form 4 filing.
NBT Bancorp Inc. senior executive Joseph R. Stagliano, SEVP & President of NBT Bank, received a grant of 2,642.325 shares of phantom stock on March 6, 2026 at a reference price of $41.63 per share. Each phantom share is deemed invested in one share of NBT Bancorp common stock under the Deferred Compensation Plan.
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FAQ
What insider transaction did NBT Bancorp (NBTB) report for Joseph R. Stagliano?
Joseph R. Stagliano received a grant of 2,642.325 phantom stock shares on March 6, 2026. These are deferred compensation units tied to NBT Bancorp’s common stock value under the company’s Deferred Compensation Plan.
What is phantom stock in the NBT Bancorp (NBTB) Form 4 filing?
Phantom stock represents deferred compensation units whose value tracks NBT Bancorp’s common stock. Each phantom share is deemed invested in one share of common stock according to the company’s Deferred Compensation Plan described in the filing footnote.
At what price was the phantom stock grant valued for NBT Bancorp (NBTB)?
The phantom stock grant to Joseph R. Stagliano was valued at $41.63 per share. This price is used as the reference value for the 2,642.325 phantom stock units awarded on March 6, 2026.
What is Joseph R. Stagliano’s role at NBT Bancorp (NBTB)?
Joseph R. Stagliano serves as Senior Executive Vice President and President of NBT Bank. The Form 4 filing reports his receipt of phantom stock units as part of his compensation from NBT Bancorp Inc.
How many phantom stock units does Joseph R. Stagliano hold after this NBTB award?
After the March 6, 2026 grant, Joseph R. Stagliano holds a total of 27,601.697 phantom stock units. This figure reflects his aggregate phantom stock balance following the reported award.
Does the NBT Bancorp (NBTB) Form 4 show changes in common stock holdings for Joseph R. Stagliano?
The filing lists direct and indirect common stock holdings totals for Joseph R. Stagliano and related plans as of March 6, 2026. It mainly highlights the new phantom stock grant rather than specific changes in common stock transactions.