RBKB (RBKB) EVP Michael Vitale files Form 3 showing zero common stock
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Rhinebeck Bancorp, Inc. executive Michael Vitale, EVP and Head of Commercial Banking, filed an initial ownership report on Form 3. The filing lists his position in the company’s common stock as 0 shares held directly following the reported date, establishing a baseline of reported insider ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vitale Michael
Role
EVP, Head of Comm Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
Key Figures
Direct common shares held: 0 shares
1 metrics
Direct common shares held
0 shares
Total shares following transaction for Michael Vitale
Key Terms
Form 3, Common Stock, Executive Vice President
3 terms
Form 3 regulatory
"filed an initial ownership report on Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
"The filing lists his position in the company’s common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Executive Vice President financial
"Michael Vitale, EVP and Head of Commercial Banking"
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
FAQ
What does Michael Vitale’s Form 3 filing for RBKB show?
The Form 3 filing shows that executive Michael Vitale, EVP and Head of Commercial Banking at Rhinebeck Bancorp, Inc., reports holding 0 shares of the company’s common stock directly. This establishes his baseline reported ownership when he became a reporting insider.
Who is the reporting person in this RBKB Form 3 filing?
The reporting person is Michael Vitale, who serves as Executive Vice President and Head of Commercial Banking at Rhinebeck Bancorp, Inc. The filing records his initial beneficial ownership position in the company’s common stock for SEC reporting purposes.
What type of security is covered in Michael Vitale’s RBKB Form 3?
The Form 3 covers Common Stock of Rhinebeck Bancorp, Inc. It records Michael Vitale’s beneficial ownership position in this security class, which is shown as zero shares held directly after the reported date.
Does the RBKB Form 3 show any insider buying or selling by Michael Vitale?
No specific insider buying or selling is shown. The transaction is categorized as a holding entry with an unknown transaction code, and his total direct ownership is listed as 0 shares, indicating only a baseline ownership disclosure.