[144] The Bank of N.T. Butterfield & Son Limited SEC Filing
This Form 144 notifies a proposed sale of 1,130 ordinary shares of The Bank of N.T. Butterfield & Son Limited (NTB) on the NYSE through Citigroup Global Markets, Inc. The filing lists an aggregate market value of $50,000, 41,200,000 shares outstanding and an approximate sale date of 08/12/2025.
The securities were acquired on 08/12/2025 by restricted vesting from Bank of N.T. Butterfield & Son Ltd and the consideration is noted as services rendered. The form reports no securities sold in the past three months. Key filer identification fields (CIK/CCC and contact/name of the selling person) are not provided in the supplied text.
- Transaction disclosed with specifics: 1,130 ordinary shares with an aggregate market value of $50,000 listed and the broker (Citigroup Global Markets, Inc.) specified
- Acquisition and consideration disclosed: securities shown as acquired by restricted vesting and paid as services rendered
- No prior sales reported for the person during the past three months (document states "Nothing to Report")
- Filer identification fields are blank or not provided in the supplied text (CIK/CCC and submission contact details missing), reducing traceability
- Name of the person for whose account the securities are to be sold is not shown in the provided content, limiting clarity on ownership or insider status
Insights
TL;DR: Routine Form 144 disclosing a small proposed sale; limited investor impact given size and lack of further detail.
The notice discloses a proposed sale of 1,130 ordinary shares valued at $50,000 executed via a major broker on the NYSE. The filing includes acquisition details (restricted vesting) and consideration (services rendered) and reports no sales in the prior three months. Given the absolute share amount relative to the reported 41,200,000 shares outstanding and the absence of other disclosures in the document, the item appears informational and likely immaterial to broad market valuation.
TL;DR: Transaction terms are disclosed but the filing omits filer identity details, reducing transparency for stakeholders.
The form provides core transaction data (broker, share count, aggregate value, acquisition method and payment type). However, critical identification fields such as the filer CIK/CCC and the explicit name of the person for whose account the securities are to be sold are not present in the supplied content. That omission limits traceability and makes independent verification of the seller or any potential related-party context difficult from this document alone.