RBKB executive exercises 7,000 stock options

Rhinebeck Bancorp, Inc. executive Philip J. Bronzi reported routine equity transactions involving company common stock.

Rhea-AI Filing Summary

Rhinebeck Bancorp, Inc. executive Philip J. Bronzi reported routine equity transactions involving company common stock. On April 28, 2026, he exercised stock options to acquire 7,000 shares of common stock at $6.57 per share, converting a derivative award into direct share ownership.

To cover tax obligations, 2,838 shares of common stock were used in a tax-withholding disposition at $16.20 per share. After these transactions, Bronzi directly held 4,162 shares of common stock and had additional indirect holdings of 3,548 shares through an ESOP and 10,980 shares through a 401(k) plan. The filing notes that some reflected transactions are not required to be reported under Section 16, underscoring their routine nature.

Insider Trade Summary

7,000 shares exercised/converted

Exercise 5 txns

Insider Bronzi Philip J

Role 1st SVP, Com Mkt Pres

Type	Security	Shares	Price	Value
Exercise	Stock Options	7,000	$0.00	$0.00
Exercise	Common Stock	7,000	$6.57	$46K
Exercise Price or Tax Liability	Common Stock	2,838	$16.20	$46K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Options — 0 contracts (Direct); Common Stock — 4,162 shares (Direct); Common Stock — 10,980 shares (Indirect, By 401(k)); Common Stock — 3,548 shares (Indirect, By ESOP)

Footnotes (2)

1. F1. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
2. F2. Stock options are fully vested.

Key Figures

Options exercised: 7,000 shares Exercise price: $6.57 per share Tax-withheld shares: 2,838 shares +4 more

7 metrics

Options exercised 7,000 shares Common Stock acquired via option exercise at $6.57 on April 28, 2026

Exercise price $6.57 per share Strike price for 7,000 stock options exercised into common stock

Tax-withheld shares 2,838 shares Common Stock used for tax-withholding disposition at $16.20 per share

Tax-withholding price $16.20 per share Value applied to 2,838 shares withheld for tax obligations

Direct holdings after 4,162 shares Rhinebeck Bancorp common stock directly owned after reported transactions

ESOP holdings 3,548 shares Indirect ownership through an ESOP as of April 28, 2026

401(k) holdings 10,980 shares Indirect ownership through a 401(k) plan as of April 28, 2026

Key Terms

ESOP, 401(k), tax-withholding disposition, Exercise or conversion of derivative security, +1 more

5 terms

ESOP financial

"nature_of_ownership: By ESOP"

An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.

401(k) financial

"nature_of_ownership: By 401(k)"

A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Stock options financial

"security_title: Stock Options"

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Philip J. Bronzi report at Rhinebeck Bancorp (RBKB)?

Philip J. Bronzi reported exercising stock options for 7,000 Rhinebeck Bancorp shares and a related tax-withholding disposition of 2,838 shares. These transactions converted options into common stock while using part of the shares to satisfy tax obligations, leaving him with an increased direct share position.

How many Rhinebeck Bancorp shares did Philip J. Bronzi acquire through option exercises?

He exercised stock options to acquire 7,000 shares of Rhinebeck Bancorp common stock at a price of $6.57 per share. This moved value from a derivative award into actual shares, increasing his direct equity exposure to the company following the transaction date.

What is the tax-withholding disposition reported by Philip J. Bronzi in RBKB stock?

The filing shows a tax-withholding disposition of 2,838 Rhinebeck Bancorp common shares at $16.20 per share. These shares were withheld to satisfy tax liabilities tied to the option exercise, and do not represent an open-market sale or discretionary divestment of his holdings.

What are Philip J. Bronzi’s direct Rhinebeck Bancorp share holdings after the Form 4 transactions?

After the reported transactions, Philip J. Bronzi directly held 4,162 shares of Rhinebeck Bancorp common stock. This figure reflects his position following the 7,000-share option exercise and the 2,838-share tax-withholding disposition recorded on April 28, 2026.

What indirect Rhinebeck Bancorp holdings does Philip J. Bronzi report via ESOP and 401(k)?

The Form 4 notes indirect ownership of 3,548 Rhinebeck Bancorp shares through an ESOP and 10,980 shares through a 401(k) plan. These retirement-related accounts hold company stock for his benefit, separate from his directly held common shares after the option exercise.

Are the reported Rhinebeck Bancorp insider transactions considered routine under Section 16 rules?

A footnote states that some reflected transactions are not required to be reported under Section 16 of the Securities Exchange Act. This language indicates the activity is largely routine compensation and administrative reporting rather than a discretionary open-market trade signal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/30/2026 - 04:20 PM EDT Learn about SEC filing dates

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

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^*

Bronzi Philip J

(Last) (First) (Middle)

2 JEFFERSON PLAZA

(Street)

POUGHKEEPSIE NEW YORK 12601

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Rhinebeck Bancorp, Inc. [ RBKB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	1st SVP, Com Mkt Pres

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/28/2026		M		7,000	A	$6.57	7,000	D
Common Stock	04/28/2026		F		2,838	D	$16.2	4,162	D
Common Stock								10,980(1)	I	By 401(k)
Common Stock								3,548(1)	I	By ESOP

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
Stock Options	$6.57	04/28/2026		M			7,000	08/25/2021	08/25/2030	Common Stock	7,000(2)	$0	0	D

Explanation of Responses:

1. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.

2. Stock options are fully vested.

	/s/ Elizabeth A. Cook, pursuant to power of attorney	04/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)