Director Holcombe shifts OBT holdings via gift transfer and phantom stock update
Rhea-AI Filing Summary
Orange County Bancorp, Inc. director Gregory F. Holcombe reported an internal reallocation of his indirect holdings. On February 6, 2026, an LLC associated with him transferred 34,720 shares of common stock to Trust 3 in a transaction coded as a gift at $0 per share, leaving the LLC with no shares and Trust 3 holding 34,720 shares indirectly.
Following the reported transactions, Holcombe’s reported positions include 68,953 shares of common stock held directly (including restricted stock units described in the notes), plus indirect holdings of 14,920 shares through a foundation and 12,054, 34,720, and 34,720 shares through three separate trusts. He also holds 22,997 shares of phantom stock, each economically equivalent to one share of common stock and payable upon his separation from service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 34,720 | $0.00 | -- |
| Gift | Common Stock | 34,720 | $0.00 | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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. 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. 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.
