NTB (NTB) director Mark T. Lynch buys 10,000 Bank of Butterfield shares
Rhea-AI Filing Summary
Bank of N.T. Butterfield & Son Ltd director Mark T. Lynch reported an open-market purchase of 10,000 ordinary shares on May 29, 2026 at an average price of $56.494 per share. Following this transaction, he directly holds 234,794 ordinary shares of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
1 txn
Insider
Lynch Mark T
Role
Director
Bought
10,000 shs ($565K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary shares | 10,000 | $56.494 | $565K |
Holdings After Transaction:
Ordinary shares — 234,794 shares (Direct)
Key Figures
Shares purchased: 10,000 shares
Purchase price: $56.494 per share
Shares held after transaction: 234,794 shares
+2 more
5 metrics
Shares purchased
10,000 shares
Ordinary shares bought on May 29, 2026
Purchase price
$56.494 per share
Average price for May 29, 2026 purchase
Shares held after transaction
234,794 shares
Total direct ownership following purchase
Transaction code
P (purchase)
Open-market or private transaction classification
Net buy/sell shares
10,000 shares
Net effect across all reported transactions
Key Terms
open-market purchase, Ordinary shares, Form 4
3 terms
open-market purchase financial
"The transaction is classified as an open-market purchase."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"Details of the trade are disclosed in a Form 4 insider filing."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NTB director Mark T. Lynch report?
Mark T. Lynch reported an open-market purchase of 10,000 NTB ordinary shares. The transaction occurred on May 29, 2026, and was executed at an average price of $56.494 per share, according to the Form 4 filing.
Was the NTB insider transaction by Mark T. Lynch a purchase or a sale?
The transaction was a purchase of shares, not a sale. The Form 4 identifies it as an open-market purchase, coded as a “P” transaction and classified as a buy in the filing data.
What type of security did Mark T. Lynch acquire in the NTB Form 4 filing?
He acquired ordinary shares of Bank of N.T. Butterfield & Son Ltd. The filing specifies these as non-derivative securities, meaning they are direct equity holdings rather than options or other derivatives.