Rhinebeck Bancorp CEO buys 12,425 shares
Rhinebeck Bancorp, Inc. President & CEO Matthew James Smith purchased a total of 12,425 shares of common stock on July 22, 2026, in two direct transactions: 2,300 shares at $11.995 per share and 10,125 shares at $12.00 per share.
Rhea-AI Filing Summary
Rhinebeck Bancorp, Inc. President & CEO Matthew James Smith purchased a total of 12,425 shares of common stock on July 22, 2026, in two direct transactions: 2,300 shares at $11.995 per share and 10,125 shares at $12.00 per share.
The acquired shares are described as restricted stock that vest 33 1/3% per year commencing on May 26, 2027. Smith also reports indirect ownership of 479 common shares held through a 401(k), reflecting plan transactions not required to be reported under Section 16.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 12,425 shares
Net Buy
3 txns
Insider
Smith Matthew James
Role
President & CEO
Bought
12,425 shs ($149K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 2,300 | $11.995 | $28K |
| Purchase | Common Stock F1 | 10,125 | $12.00 | $122K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 36,251 shares (Direct);
Common Stock — 479 shares (Indirect, By 401(k))
Footnotes (2)
- F1. Shares of restricted stock vest at a rate of 33 1/3% per year commencing on May 26, 2027.
- F2. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
Key Figures
Total shares purchased: 12,425 shares
Purchase price per share (lot 1): $11.9950 per share
Purchase price per share (lot 2): $12.0000 per share
+3 more
6 metrics
Total shares purchased
12,425 shares
Common stock purchased by Matthew James Smith on July 22, 2026
Purchase price per share (lot 1)
$11.9950 per share
Price for 2,300-share common stock purchase on July 22, 2026
Purchase price per share (lot 2)
$12.0000 per share
Price for 10,125-share common stock purchase on July 22, 2026
Indirect 401(k) holdings
479 shares
Common shares held indirectly by 401(k) after the reported transactions
Restricted stock vesting rate
33 1/3% per year
Vesting rate for restricted stock beginning May 26, 2027
Restricted stock vesting commencement
May 26, 2027
Date restricted stock begins vesting at 33 1/3% per year
Key Terms
restricted stock, Section 16, indirect ownership, 401(k)
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.
Section 16 regulatory
"Reflects transactions not required to be reported pursuant to Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
indirect ownership financial
"Indirect ownership noted as By 401(k) for 479 common shares"
401(k) financial
"Nature of ownership listed as By 401(k) for certain common shares"
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.
FAQ
What insider stock purchase did Rhinebeck Bancorp (RBKB) report for July 22, 2026?
Rhinebeck Bancorp reported that President & CEO Matthew James Smith bought 12,425 shares of common stock on July 22, 2026. The transactions were in two lots at $11.995 and $12.00 per share, all held directly in his name.
Who is Matthew James Smith in relation to Rhinebeck Bancorp (RBKB)?
Matthew James Smith is Rhinebeck Bancorp’s President & CEO and also serves as a director. His reported stock purchases therefore represent additional ownership by a senior executive and board member, beyond any indirect holdings through benefit plans.
Were Matthew James Smith's RBKB stock trades made under a Rule 10b5-1 trading plan?
No indication is given that these trades were under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox associated with the reported transactions is not marked as affirming plan-based trading.
AI-generated analysis. How Rhea-AI works. Not financial advice.
