Rhinebeck Bancorp director awarded 500 restricted shares

Rhinebeck Bancorp, Inc. director Freddimir Garcia received a grant of 500 shares of restricted common stock at $10.00 per share on July 21, 2026.

Rhea-AI Filing Summary

Rhinebeck Bancorp, Inc. director Freddimir Garcia received a grant of 500 shares of restricted common stock at $10.00 per share on July 21, 2026. These restricted shares vest 33 1/3% per year starting May 26, 2027, bringing his direct common stock holdings to 7,206 shares.

Garcia also reports fully vested stock options covering 22,875 shares of common stock with an exercise price of $4.70 per share, expiring on August 25, 2030. Share and option figures reflect a 1.3978-to-1.00 exchange ratio from the company’s mutual-to-stock conversion.

Insider Trade Summary

Grant/Award: 500 shares

Grant/Award 2 txns

Insider Garcia Freddimir

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	500	$10.00	$5K
holding	Stock Options F3, F1, F4	--	--	--

Holdings After Transaction: Common Stock — 7,206 shares (Direct); Stock Options — 22,875 contracts (Direct)

Footnotes (4)

1. F1. Reflects a 1.3978 to 1.00 stock exchange ratio in connection with the Company's mutual to stock conversion.
2. F2. Shares of restricted stock vest at a rate of 33 1/3% per year commencing on May 26, 2027.
3. F3. Exercise price has been adjusted for the 1.3978 to 1.00 exchange ratio in connection with the Company's mutual to stock conversion.
4. F4. Stock options are fully vested.

Key Figures

Restricted shares granted: 500 shares Grant price: $10.00 per share Common shares held after transaction: 7,206 shares +5 more

8 metrics

Restricted shares granted 500 shares Grant of restricted common stock to director on July 21, 2026

Grant price $10.00 per share Price per share for 500 restricted common shares awarded

Common shares held after transaction 7,206 shares Director’s direct common stock holdings following the award

Underlying shares in options 22,875 shares Common shares underlying fully vested stock options held

Option exercise price $4.70 per share Exercise price of fully vested stock options after exchange ratio adjustment

Option expiration date August 25, 2030 Expiration of reported fully vested stock options

Restricted stock vesting rate 33 1/3% per year Vesting rate for 500 restricted shares starting May 26, 2027

Exchange ratio 1.3978 to 1.00 Stock exchange ratio from mutual-to-stock conversion applied to shares and options

Key Terms

restricted stock, mutual to stock conversion, exercise price, stock options

4 terms

restricted stock financial

"Shares of restricted stock vest at a rate of 33 1/3% per year"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

mutual to stock conversion financial

"ratio in connection with the Company's mutual to stock conversion"

exercise price financial

"Exercise price has been adjusted for the 1.3978 to 1.00 exchange ratio"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

stock options financial

"Stock options are fully vested"

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

What insider transaction did RBKB director Freddimir Garcia report on this Form 4?

Freddimir Garcia reported a grant of 500 shares of restricted common stock at $10.00 per share. The award was made on July 21, 2026 and represents compensation rather than an open-market purchase of Rhinebeck Bancorp, Inc. (RBKB) stock.

How many Rhinebeck Bancorp (RBKB) shares does Freddimir Garcia hold after the reported award?

Following the restricted stock grant, Garcia directly holds 7,206 shares of common stock. This figure includes the newly awarded 500 restricted shares, which will vest over time beginning in 2027, according to the reported vesting schedule.

What are the vesting terms of the 500 restricted RBKB shares granted to Freddimir Garcia?

The 500 restricted shares vest at 33 1/3% per year starting on May 26, 2027. This means the award becomes fully vested over three years, subject to the stated schedule and any applicable service or other conditions.

What stock options related to RBKB does Freddimir Garcia report holding?

Garcia reports stock options over 22,875 underlying common shares with an exercise price of $4.70 per share. These options are fully vested and are scheduled to expire on August 25, 2030, according to the filing details.

How was the RBKB mutual-to-stock conversion reflected in Freddimir Garcia’s holdings?

The filing notes a 1.3978 to 1.00 exchange ratio tied to Rhinebeck Bancorp’s mutual-to-stock conversion. Both the reported common share counts and the $4.70 stock option exercise price are adjusted to reflect this exchange ratio.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/21/2026 - 05:48 PM Accepted by SEC EDGAR 07/21/2026 - 05:47 PM 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^*

Garcia Freddimir

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026

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	07/21/2026		A		500	A	$10	7,206(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$4.7(3)							08/25/2021	08/25/2030	Common Stock	22,875(1)(4)		22,875(1)(4)	D

Explanation of Responses:

1. Reflects a 1.3978 to 1.00 stock exchange ratio in connection with the Company's mutual to stock conversion.

2. Shares of restricted stock vest at a rate of 33 1/3% per year commencing on May 26, 2027.

3. Exercise price has been adjusted for the 1.3978 to 1.00 exchange ratio in connection with the Company's mutual to stock conversion.

4. Stock options are fully vested.

	/s/ Scott A. Brown, pursuant to power of attorney	07/21/2026
	** 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)