STOCK TITAN

Butterfield (NYSE: NTB) CEO sells 207K shares, not under 10b5-1 plan

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Bank of N.T. Butterfield & Son Ltd (NTB) reported that Chief Executive Officer Michael W. Collins sold ordinary shares in three open-market or private transactions. He sold 61,178 shares on August 19, 2026 at $59.6661 per share, 70,859 shares on August 18, 2026 at $61.7888 per share, and 75,000 shares on August 17, 2026 at $62.9814 per share, for total reported sales of 207,037 shares. The company notes these sales were made in connection with his long-term strategy for investment diversification and estate planning purposes.

Positive

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Negative

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Insights

Analyzing...

Insider Collins Michael W
Role Chief Executive Officer
Sold 207,037 shs ($12.75M)
Type Security Shares Price Value
Sale Ordinary shares 61,178 $59.6661 $3.65M
Sale Ordinary shares 70,859 $61.7888 $4.38M
Sale Ordinary shares 75,000 $62.9814 $4.72M
Holdings After Transaction: Ordinary shares — 0 shares (Direct)
Shares sold 2026-08-17 75,000 shares Ordinary shares sold by CEO at $62.9814 per share
Price 2026-08-17 $62.9814 per share Transaction price for 75,000 ordinary shares sold
Shares sold 2026-08-18 70,859 shares Ordinary shares sold by CEO at $61.7888 per share
Price 2026-08-18 $61.7888 per share Transaction price for 70,859 ordinary shares sold
Shares sold 2026-08-19 61,178 shares Ordinary shares sold by CEO at $59.6661 per share
Price 2026-08-19 $59.6661 per share Transaction price for 61,178 ordinary shares sold
Total shares sold 207,037 shares Aggregate of three reported sales by CEO in August 2026
Number of sale transactions 3 Count of non-derivative sale transactions reported
ordinary shares financial
"security_title: "Ordinary shares""
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.
non-derivative financial
"transaction_type: "non-derivative""
open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
estate planning financial
"strategy for investment diversification and estate planning purposes"
A set of instructions and legal steps that decide who gets your money, property and other assets, and who will manage them if you become unable to do so. For investors it matters because thoughtful planning can reduce taxes and delays, protect heirs, and keep investments from being tied up in court—think of it as a clear map and emergency kit that preserves value and directs where assets go when you can’t.

FAQ

What insider transactions did NTB’s CEO report on this Form 4?

NTB’s CEO Michael W. Collins reported three sales of ordinary shares on August 17–19, 2026, totaling 207,037 shares in open-market or private transactions at prices between $59.6661 and $62.9814 per share.

How many NTB (NTB) shares did the CEO sell on each date?

Michael W. Collins sold 75,000 shares on August 17, 70,859 shares on August 18, and 61,178 shares on August 19, 2026, all reported as sales of ordinary shares in open-market or private transactions.

What prices did NTB’s CEO receive for the reported share sales?

The reported sales prices were $62.9814 per share on August 17, $61.7888 per share on August 18, and $59.6661 per share on August 19, 2026, each described as the transaction price per ordinary share.

What reason was disclosed for the NTB CEO’s recent share sales?

The company states the sales were made in connection with Michael W. Collins’s long-term strategy for investment diversification and estate planning purposes, providing context for these insider transactions without indicating any change in his role.

Were NTB CEO Michael W. Collins’s share sales under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning these transactions are not reported as made pursuant to a Rule 10b5-1 trading plan, based on the filing’s plan-status field.

What type of security did the NTB CEO sell in these transactions?

All three transactions involve ordinary shares of Bank of N.T. Butterfield & Son Ltd, reported as non-derivative securities, meaning they are direct equity holdings rather than options, warrants, or other derivative instruments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Collins Michael W

(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)
Chief Executive Officer
2a. Foreign Trading Symbol
[NTB.BH]
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
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 shares08/17/2026S75,000D$62.9814132,037D
Ordinary shares08/18/2026S70,859D$61.788861,178D
Ordinary shares08/19/2026S61,178D$59.66610D
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:
The sales were made in connection with the reporting persons long-term strategy for investment diversification and estate planning purposes.
/s/ Tara Hidalgo, by power of attorney for Michael Collins08/19/2026
** 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)