NBT Bancorp director awarded 1,050-share stock grant
DELANEY TIMOTHY E reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DELANEY TIMOTHY E reported acquisition or exercise transactions in this Form 4 filing.
NBT Bancorp Inc. director Timothy E. Delaney received an equity grant of 1,050 shares of NBT Bancorp Inc. Common Stock as compensation for board service. The award was granted under the NBT Bancorp Inc. 2024 Omnibus Incentive Plan and represents restricted stock units that vest in one year.
After this grant, Delaney directly holds 52,935 common shares. He also has indirect ownership of 22,730 shares held by Wesson Group LLC, a corporation for which he serves as President, and 9.289 shares held with his spouse as custodian, as reflected in updated ownership entries.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,050 shares
Grant/Award
3 txns
Insider
DELANEY TIMOTHY E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | NBT Bancorp Inc. Common Stock | 1,050 | $0.00 | $0.00 |
| holding | NBT Bancorp Inc. Common Stock | -- | -- | -- |
| holding | NBT Bancorp Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
NBT Bancorp Inc. Common Stock — 52,935 shares (Direct);
NBT Bancorp Inc. Common Stock — 9.289 shares (Indirect, Spouse as custodian);
NBT Bancorp Inc. Common Stock — 22,730 shares (Indirect, by Corporation)
Footnotes (2)
- F1. Acquired pursuant to the NBT Bancorp Inc. 2024 Omnibus Incentive Plan. Each outside director is entitled to receive an annual retainer for Board service in the form of restricted stock units of the Company's common stock that vest in one year.
- F2. On January 29, 2026, the reporting person filed a Form 4 which inadvertently reported securities were held directly by the reporting person. In fact, the reported securities are held by Wesson Group LLC, a Corporation for which the reporting person serves as the President.
Key Figures
Equity grant: 1,050 shares
Grant price per share: $0.0000 per share
Direct holdings after grant: 52,935 shares
+2 more
5 metrics
Equity grant
1,050 shares
Grant of NBT Bancorp Inc. Common Stock under 2024 Omnibus Incentive Plan
Grant price per share
$0.0000 per share
Price per share for awarded common stock
Direct holdings after grant
52,935 shares
Total NBT Bancorp Inc. Common Stock directly owned after transaction
Indirect holdings via corporation
22,730 shares
Shares held indirectly through Wesson Group LLC
Indirect holdings via spouse
9.289 shares
Shares held indirectly with spouse as custodian
Key Terms
2024 Omnibus Incentive Plan, restricted stock units, Form 4, indirect ownership, +1 more
5 terms
2024 Omnibus Incentive Plan financial
"Acquired pursuant to the NBT Bancorp Inc. 2024 Omnibus Incentive Plan."
restricted stock units financial
"annual retainer for Board service in the form of restricted stock units of the Company's common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 4 regulatory
"the reporting person filed a Form 4 which inadvertently reported securities were held directly"
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.
indirect ownership financial
"total_shares_following_transaction 22730.0000 ... ownership_type indirect"
grant, award, or other acquisition financial
"transaction_code_description Grant, award, or other acquisition"
FAQ
What did NBTB director Timothy E. Delaney report in this Form 4?
Timothy E. Delaney reported receiving a grant of 1,050 shares of NBT Bancorp Inc. Common Stock as compensation. The award was made under the 2024 Omnibus Incentive Plan and increased his directly held shares to 52,935 after the transaction.
What are Timothy E. Delaney’s NBTB holdings after this transaction?
Following the grant, Delaney directly holds 52,935 shares of NBT Bancorp Inc. Common Stock. In addition, filings show 22,730 shares held indirectly through Wesson Group LLC and 9.289 shares held indirectly with his spouse as custodian.
Under which plan was the NBTB stock grant to Timothy E. Delaney made?
The stock grant was made under the NBT Bancorp Inc. 2024 Omnibus Incentive Plan. The plan provides outside directors an annual retainer paid in restricted stock units that vest after one year of board service, aligning compensation with company equity.
Are the reported NBTB transactions open-market buys or routine grants?
The filing shows a routine equity grant rather than an open-market purchase. Delaney received 1,050 shares at a stated price of $0.0000 per share as a grant or award under the company’s 2024 Omnibus Incentive Plan for outside directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
