STOCK TITAN
  1. Home
  2. Sec-filings
  3. OBT
  4. [Form 4] Orange County Bancorp, Inc. /DE/ Insider Trading Activity

Orange County Bancorp (NYSE: OBT) director adds phantom stock units in new Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kennedy Marianna R reported acquisition or exercise transactions in this Form 4 filing.

Orange County Bancorp director Marianna R. Kennedy reported updated equity holdings. She holds 1,466 shares of common stock directly after the reported transactions. She also received a phantom stock award that is economically equivalent to 51 shares of common stock, bringing her phantom stock balance to 10,141 units.

Footnotes explain that her restricted stock units vest either immediately on the grant date or on February 19, 2027, and are settled in common shares when she separates from service. Each phantom stock unit is the economic equivalent of one common share and becomes payable upon her separation as a director.

Positive

  • None.

Negative

  • None.
Insider Kennedy Marianna R
Role null
Type Security Shares Price Value
Grant/Award Phantom Stock 0 $35.35 --
holding Common Stock -- -- --
Holdings After Transaction: Phantom Stock — 10,141 shares (Direct, null); Common Stock — 1,466 shares (Direct, null)
Footnotes (1)
  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. Includes 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. 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.
Common stock held 1,466 shares Total common shares directly owned after transactions
Phantom stock balance 10,141 units Total phantom stock units after grant
New phantom stock grant equivalent 51 shares Underlying common stock equivalent for new award
Reference price per phantom unit $35.35 per unit Price associated with the phantom stock grant
RSU vesting date February 19, 2027 Future 100% vesting date for certain RSUs
Phantom Stock financial
"Each share of phantom stock is the economic equivalent of one share of common stock"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
restricted stock units financial
"Includes restricted stock units which vest 100% as of the date of grant"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest 100% financial
"restricted stock units which vest 100% on February 19, 2027"
separation from service financial
"settled in shares of Issuer common stock upon separation from service"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
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*
Kennedy Marianna R
(Last)(First)(Middle)
212 DOLSON AVENUE
(Street)
MIDDLETOWN NEW YORK 10940
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Orange County Bancorp, Inc. /DE/ [ OBT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026		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
Common Stock1,466(1)(2)D
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
Phantom Stock(3)06/15/2026A$51 (3) (3)Common Stock51$35.3510,141D
Explanation of Responses:
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.
2. Includes 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.
3. 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.
/s/ Jennifer Staub, pursuant to power of attorney06/16/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Orange County Bancorp (OBT) director Marianna R. Kennedy report in this Form 4?

She reported her current equity holdings, including 1,466 shares of common stock and 10,141 phantom stock units. The filing also shows a new phantom stock award economically equivalent to 51 common shares, granted as director compensation.

How many Orange County Bancorp (OBT) common shares does Marianna R. Kennedy hold after the transactions?

She holds 1,466 shares of Orange County Bancorp common stock directly following the reported transactions. This figure reflects her direct ownership position and does not include phantom stock or restricted stock units that settle in shares at a later time.

What is the size of Marianna R. Kennedy’s new phantom stock award at Orange County Bancorp (OBT)?

The new phantom stock award is tied to 51 underlying common shares at a reference price of $35.35 per unit. This grant increases her total phantom stock balance to 10,141 units, each economically equivalent to one common share upon payout.

How do Marianna R. Kennedy’s phantom stock units in Orange County Bancorp (OBT) work?

Each phantom stock unit is the economic equivalent of one Orange County Bancorp common share and becomes payable when she separates from service as a director. This structure provides equity-linked compensation without immediate issuance of actual common shares.

What do the restricted stock unit footnotes mean in the Orange County Bancorp (OBT) Form 4?

Footnotes state some restricted stock units vest 100% on the grant date, while others vest 100% on February 19, 2027. All such units are settled in common stock only upon Marianna R. Kennedy’s separation from service with the company.

Did Marianna R. Kennedy buy or sell Orange County Bancorp (OBT) shares on the market in this Form 4?

The filing does not show any open-market purchases or sales. It mainly reflects a grant of phantom stock units as compensation and updated holdings of common stock and equity-based awards tied to her role as a director.