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Bank of N.T. Butterfield (NTB) exec sells 18,118 shares

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Bank of N.T. Butterfield & Son Ltd reports that executive Richard Saunders, Managing Director, CIUK, sold 18,118 ordinary shares on 2026-07-31 at $61.3253 per share in a transaction categorized as a sale in open market or private transaction, reducing his directly held position to zero shares. The trade is not indicated as executed under a Rule 10b5-1 trading plan.

Positive

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Negative

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Insights

Analyzing...

Insider Saunders Richard
Role Managing Director, CIUK
Sold 18,118 shs ($1.11M)
Type Security Shares Price Value
Sale Ordinary shares 18,118 $61.3253 $1.11M
Holdings After Transaction: Ordinary shares — 0 shares (Direct)
Shares sold 18118.0000 shares Ordinary shares sold on 2026-07-31 by Richard Saunders
Sale price 61.3253 per share Per-share sale price for the 2026-07-31 ordinary share transaction
Shares held after sale 0.0000 shares Directly owned ordinary shares following the 2026-07-31 sale
Net share change -18118 shares Net buy/sell shares reported across all transactions in this report
Ordinary shares financial
"Security title reported as Ordinary shares for the transaction"
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.
Managing Director, CIUK financial
"Officer title listed as Managing Director, CIUK for Richard Saunders"
Sale in open market or private transaction financial
"Transaction code description is Sale in open market or private transaction"

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FAQ

What insider transaction involving NTB did Richard Saunders report?

Richard Saunders reported selling 18,118 ordinary shares of Bank of N.T. Butterfield & Son Ltd on 2026-07-31 at $61.3253 per share. The transaction is categorized as a sale in open market or private transaction and left him with zero directly held shares.

At what price were Richard Saunders’ NTB shares sold?

Richard Saunders’ sale of NTB ordinary shares was executed at an average price of $61.3253 per share. This price applies to the 18,118 shares sold on 2026-07-31 in a transaction classified as a sale in open market or private transaction.

How many Bank of N.T. Butterfield (NTB) shares does Richard Saunders hold after the sale?

Following the reported transaction, Richard Saunders holds 0 ordinary shares of Bank of N.T. Butterfield & Son Ltd in direct ownership. The sale of 18,118 shares on 2026-07-31 fully eliminated his directly reported ordinary share position.

Was Richard Saunders’ NTB share sale under a Rule 10b5-1 plan?

The report indicates the transaction was not executed under a Rule 10b5-1 trading plan, as the related checkbox is not marked. The 18,118-share sale on 2026-07-31 is therefore not identified as pre-arranged under such a plan.

What is Richard Saunders’ role at Bank of N.T. Butterfield (NTB)?

Richard Saunders is identified as a company officer, serving as Managing Director, CIUK at Bank of N.T. Butterfield & Son Ltd. His reported transaction involves ordinary shares and reflects changes to his directly held equity position.

How is Richard Saunders’ NTB share sale categorized?

The transaction is coded as S, described as a sale in open market or private transaction. It involves 18,118 ordinary shares of Bank of N.T. Butterfield & Son Ltd on 2026-07-31, with direct ownership reported after the trade as zero shares.
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*
Saunders Richard

(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, CIUK
2a. Foreign Trading Symbol
[NTB.BH]
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
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 shares07/31/2026S18,118D$61.32530D
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 Richard Saunders07/31/2026
** 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)