Orange County Bancorp (OBT) director logs stock awards and share return
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Orange County Bancorp director Gregory F. Holcombe reported compensation-related equity awards and a routine share disposition to the issuer. On February 20, 2026, he received a grant of phantom stock economically equal to 1,011 shares of common stock, increasing his phantom stock holdings to 24,008 units payable upon separation from service.
On the same date he returned 995 shares of common stock to Orange County Bancorp in a disposition to the issuer, leaving 68,824 common shares held directly. A day earlier, on February 19, 2026, he was granted 866 restricted stock units that vest 100% on February 19, 2027 and will be settled in common shares upon his separation from service. Additional indirect common stock holdings are reported through a foundation and several trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
HOLCOMBE GREGORY F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 0 | $0.00 | -- |
| Disposition | Common Stock | 995 | $0.00 | -- |
| Grant/Award | Common Stock | 866 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 24,008 shares (Direct);
Common Stock — 68,824 shares (Direct);
Common Stock — 14,920 shares (Indirect, By Foundation)
Footnotes (1)
- Includes restricted stock units which vest 100% as of the date of grant and are settled in shares of Issuer common stock upon separation from service of the reporting person. Restricted stock units which vest 100% on February 20, 2026 (including accumulated dividends) and were deferred into the Orange County Bancorp, Inc. Stock-Based Deferral Plan, as amended and restated. The restricted stock units will settle in shares of Issuer common stock upon the reporting person's separation from service. Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's separation of service as a director. Restricted stock units which vest 100% on February 19, 2027, and are settled in shares of Issuer common stock upon separation from service of the reporting person.
FAQ
What insider transactions did Orange County Bancorp (OBT) report for Gregory F. Holcombe?
Orange County Bancorp reported equity awards and a routine share disposition for director Gregory F. Holcombe. He received phantom stock tied to 1,011 common shares, 866 restricted stock units, and returned 995 common shares to the issuer, with no open-market buying or selling disclosed.
What is the phantom stock award reported in Orange County Bancorp (OBT)'s Form 4/A?
The phantom stock award is economically equivalent to 1,011 shares of Orange County Bancorp common stock. These units become payable in shares of common stock when Holcombe separates from service as a director, functioning as deferred equity-based compensation rather than an immediate cash or share transaction.
What restricted stock units were granted to Gregory F. Holcombe by Orange County Bancorp (OBT)?
Holcombe received 866 restricted stock units that vest 100% on February 19, 2027. Upon his separation from service, these units will be settled in shares of Orange County Bancorp common stock, providing additional deferred equity-based compensation linked to his board role.
How and when will Gregory F. Holcombe's phantom stock in Orange County Bancorp (OBT) be settled?
Each phantom stock unit is the economic equivalent of one Orange County Bancorp common share. These units become payable in common stock upon Holcombe’s separation from service as a director, aligning his long-term compensation with shareholder interests through deferred equity settlement.
Does the Orange County Bancorp (OBT) Form 4/A show any open-market stock sales or purchases?
The filing does not show any open-market stock purchases or sales by Gregory F. Holcombe. It reports equity awards, phantom stock and restricted stock units, plus a disposition of 995 common shares to the issuer, rather than transactions executed on the open market.