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Insider at Bank of N.T. Butterfield (NYSE: NTB) sells 12,000 shares

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Michael McWatt, Managing Director, Cayman at Bank of N.T. Butterfield & Son Ltd, sold 12,000 ordinary shares on 2026-08-05 at $61.7766 per share in a sale categorized as an open market or private transaction, and now directly owns 22,544 ordinary shares.

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Insider McWatt Michael
Role Managing Director, Cayman
Sold 12,000 shs ($741K)
Type Security Shares Price Value
Sale Ordinary shares 12,000 $61.7766 $741K
Holdings After Transaction: Ordinary shares — 22,544 shares (Direct)
Shares sold 12000.0000 shares Ordinary shares sold by Michael McWatt on 2026-08-05
Sale price $61.7766 per share Average price per ordinary share in the reported sale
Shares owned after sale 22544.0000 shares Directly owned ordinary shares following the transaction
Ordinary shares financial
"Security title reported as Ordinary shares for the transaction"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
open market or private transaction financial
"Transaction code description states Sale in open market or private transaction"
direct ownership financial
"Ownership type for the reported position is classified as direct"

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FAQ

What insider share sale did NTB executive Michael McWatt complete?

Michael McWatt completed a sale of 12,000 ordinary shares of Bank of N.T. Butterfield & Son Ltd. The transaction took place on 2026-08-05 and was categorized as a sale in an open market or private transaction.

At what price were the NTB shares sold by Michael McWatt?

The shares were sold at an average price of $61.7766 per share. This price applies to the 12,000 ordinary shares sold in the reported sale on 2026-08-05 by the Bank of N.T. Butterfield & Son Ltd executive.

How many NTB shares does Michael McWatt own after the sale?

After the transaction, Michael McWatt directly owns 22,544 ordinary shares of Bank of N.T. Butterfield & Son Ltd. This figure reflects his updated direct holdings following the sale of 12,000 ordinary shares.

What type of security did NTB insider Michael McWatt sell?

The transaction involved ordinary shares of Bank of N.T. Butterfield & Son Ltd. A total of 12,000 ordinary shares were sold in a transaction categorized as a sale in the open market or a private transaction.

Was the NTB share sale by Michael McWatt classified as direct or indirect ownership?

The sale and resulting holdings are classified as direct ownership. Following the transaction, Michael McWatt directly holds 22,544 ordinary shares of Bank of N.T. Butterfield & Son Ltd under the direct ownership designation.
SEC Form 4
FORM 4UNITED 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*
McWatt Michael

(Last)(First)(Middle)
65 FRONT STREET

(Street)
HAMILTONHM 12

(City)(State)(Zip)

BERMUDA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bank of N.T. Butterfield & Son Ltd [ NTB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Managing Director, Cayman
2a. Foreign Trading Symbol
[NTB.BH]
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary shares08/05/2026S12,000D$61.776622,544D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Tara Hidalgo, by power of attorney for Michael McWatt08/05/2026
** Signature of Reporting PersonDate
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)