Butterfield (NYSE: NTB) CEO sells 207K shares, not under 10b5-1 plan
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
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 207,037 shares
Net Sell
3 txns
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)
Key Figures
Shares sold 2026-08-17: 75,000 shares
Price 2026-08-17: $62.9814 per share
Shares sold 2026-08-18: 70,859 shares
+5 more
8 metrics
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
Key Terms
ordinary shares, non-derivative, open market or private transaction, estate planning
4 terms
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.
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.