STOCK TITAN

Butterfield (NYSE: NTB) Cayman managing director sells 9,000 shares

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Bank of N.T. Butterfield & Son Ltd (NTB) officer Michael McWatt, Managing Director, Cayman, reported selling 9,000 ordinary shares on 2026-08-26 in a sale characterized as an open market or private transaction at $58.4143 per share. After this sale, he directly owns 13,544 ordinary shares.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider McWatt Michael
Role Managing Director, Cayman
Sold 9,000 shs ($526K)
Type Security Shares Price Value
Sale Ordinary shares 9,000 $58.4143 $526K
Holdings After Transaction: Ordinary shares — 13,544 shares (Direct)
Shares sold 9,000 ordinary shares Non-derivative sale on 2026-08-26
Sale price per share $58.4143 per share Price for the 9,000 ordinary shares sold
Shares owned after transaction 13,544 ordinary shares Direct ownership following the reported sale
Net shares sold 9,000 shares Net-sell direction from transaction summary
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.
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.
open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""

FAQ

What insider transaction did NTB officer Michael McWatt report?

He reported a sale of 9,000 NTB ordinary shares on 2026-08-26, described as a sale in an open market or private transaction at $58.4143 per share.

How many NTB shares does Michael McWatt hold after this Form 4 transaction?

After the reported sale, Michael McWatt directly holds 13,544 NTB ordinary shares.

Was the reported NTB insider transaction a buy or a sell?

The reported transaction was a sale of NTB ordinary shares, coded as a disposition (code S/D) and classified as a sale in an open market or private transaction.

What was the price per share in Michael McWatt’s NTB share sale?

The reported sale price was $58.4143 per NTB ordinary share for the 9,000 shares sold on 2026-08-26.

Does this NTB Form 4 indicate trades under a Rule 10b5-1 plan?

The document-level Rule 10b5-1 checkbox is unchecked (aff_10b5_one is false). No additional footnote information is provided linking this sale to a trading plan.

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*
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)
08/26/2026
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 shares08/26/2026S9,000D$58.414313,544D
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 McWatt08/26/2026
** 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)