Bank of N.T. Butterfield (NTB) CRO sells 18,587 ordinary shares
Rhea-AI Filing Summary
Bank of N.T. Butterfield & Son Ltd reported that Chief Risk Officer Tara Hidalgo executed a sale of 18,587 ordinary shares on 2026-07-30 at $61.267 per share. Following this transaction, she directly holds 0 shares. The Rule 10b5-1 trading-plan checkbox was not marked.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 18,587 shares
Net Sell
1 txn
Insider
Hidalgo Tara
Role
Chief Risk Officer
Sold
18,587 shs ($1.14M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary shares | 18,587 | $61.267 | $1.14M |
Holdings After Transaction:
Ordinary shares — 0 shares (Direct)
Key Figures
Shares sold: 18,587 shares
Sale price per share: $61.267
Shares after transaction: 0 shares
+1 more
4 metrics
Shares sold
18,587 shares
Ordinary shares sold by Chief Risk Officer on 2026-07-30
Sale price per share
$61.267
Price per ordinary share for the 2026-07-30 sale
Shares after transaction
0 shares
Direct ordinary-share holdings following the reported sale
Net shares sold
-18,587 shares
Net selling activity in the reported insider transaction
Key Terms
Ordinary shares, Rule 10b5-1, Form 4
3 terms
Rule 10b5-1 regulatory
"aff_10b5_one is the filing’s document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
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 type of security did Tara Hidalgo sell in the NTB insider transaction?
The insider transaction involves Ordinary shares of Bank of N.T. Butterfield & Son Ltd. The report classifies the sale as a non-derivative transaction, distinct from options or other derivative securities, and reflects a complete sale of her reported direct holdings.