Orange County Bancorp (NASDAQ: OBT) director files Form 4 on stock and phantom units

Rhea-AI Filing Summary

Orange County Bancorp, Inc. director reported updated holdings of company stock and related awards. As of the reported transaction on December 16, 2025, the director beneficially owned 2,097 shares of common stock, which include restricted stock units that vest 100% on February 20, 2026 and are settled in shares of common stock when the director leaves service.

The filing also shows the grant of 1 share of phantom stock, economically equivalent to one common share, at a reference price of $28.95. Following this, the director held 198 phantom stock units, which become payable in common stock value upon separation from service as a director.

SEC Form 4

FORM 4

UNITED 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

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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^*

Tirado Olga Luz

(Last) (First) (Middle)

212 DOLSON AVENUE

(Street)

MIDDLETOWN NY 10940

(City) (State) (Zip)

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								2,097(1)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(2)	12/16/2025		A		1		(2)	(2)	Common Stock	1	$28.95	198	D

Explanation of Responses:

1. Includes restricted stock units which vest 100% on February 20, 2026 and are settled in shares of Issuer common stock upon separation from service of the reporting person.

2. 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 attorney	12/17/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider activity did Orange County Bancorp (OBT) report in this Form 4?

A director of Orange County Bancorp, Inc. reported updated ownership, including 2,097 shares of common stock and an additional 1 phantom stock unit acquired on December 16, 2025.

How many Orange County Bancorp (OBT) common shares does the director now own?

The director beneficially owns 2,097 shares of common stock, which include restricted stock units that vest 100% on February 20, 2026 and are settled in common shares upon separation from service.

What phantom stock transaction was disclosed for Orange County Bancorp (OBT)?

The Form 4 shows the acquisition of 1 phantom stock unit on December 16, 2025 at a reference price of $28.95, bringing the director’s total to 198 phantom units.

What is the economic nature of the phantom stock reported by Orange County Bancorp (OBT)?

Each phantom stock unit is the economic equivalent of one share of common stock and becomes payable based on the director’s separation from service as a director.

When do the restricted stock units for the Orange County Bancorp (OBT) director vest?

The restricted stock units included in the director’s holdings vest 100% on February 20, 2026 and are settled in shares of common stock when the director separates from service.

What is the reporting person’s relationship to Orange County Bancorp (OBT)?

The reporting person is identified as a director of Orange County Bancorp, Inc., filing individually as one reporting person.