Butterfield (NYSE: NTB) Cayman managing director sells 9,000 shares
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.
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 9,000 shares
Net Sell
1 txn
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)
Key Figures
Shares sold: 9,000 ordinary shares
Sale price per share: $58.4143 per share
Shares owned after transaction: 13,544 ordinary shares
+1 more
4 metrics
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
Key Terms
Ordinary shares, Form 4, open market or private transaction
3 terms
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.
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.
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.