What stock options related to RBKB does Phillip Lekanides have outstanding?

He holds fully vested stock options over 2,096 shares of common stock with an exercise price of 4.7000 per share, expiring on August 25, 2030. The exercise price reflects a prior mutual-to-stock conversion exchange ratio.

Rhinebeck Bancorp SVP receives 1,868 company shares

Q: What insider activity did RBKB report for Phillip Lekanides?

Phillip Lekanides acquired 500 restricted shares of Rhinebeck Bancorp common stock at $10.0000 and 1,368 shares through a 401(k) on July 21, 2026. These are reported as grant/award acquisitions, not open-market purchases.

Q: Are the new RBKB shares granted to Phillip Lekanides restricted?

Yes. The 500 new shares are restricted stock that vest 33 1/3% per year starting May 26, 2027. This means the award becomes fully vested over three years beginning on that date.

Q: How many RBKB shares does Phillip Lekanides hold after these transactions?

After these awards, Phillip Lekanides holds 8,487 shares directly, 6,626 shares via a 401(k), and 2,588 shares via an ESOP. He also has fully vested options over 2,096 shares of common stock.

Q: Were Phillip Lekanides' RBKB transactions under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes do not state that these awards or 401(k) share acquisitions occurred pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.

Rhinebeck Bancorp, Inc. reported that SVP and Chief Accounting Officer Phillip Lekanides acquired 500 shares of restricted common stock at $10.0000 per share and 1,368 shares through a 401(k) on July 21, 2026.

Filing Impact

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Filing Sentiment

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Rhea-AI Filing Summary

Rhinebeck Bancorp, Inc. reported that SVP and Chief Accounting Officer Phillip Lekanides acquired 500 shares of restricted common stock at $10.0000 per share and 1,368 shares through a 401(k) on July 21, 2026. Following these awards he holds 8,487 shares directly, 6,626 via a 401(k), 2,588 via an ESOP, and fully vested options on 2,096 shares at a $4.7000 exercise price expiring August 25, 2030. The restricted shares vest 33 1/3% annually starting May 26, 2027.

Insider Trade Summary

Grant/Award: 1,868 shares

Grant/Award 4 txns

Insider Lekanides Phillip

Role SVP, Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock ^{F1, F2}	500	$10.00	$5K
Grant/Award	Common Stock ^{F1, F3}	1,368	$10.00	$14K
holding	Stock Options ^{F4, F1, F5}	--	--	--
holding	Common Stock ^F1	--	--	--

Holdings After Transaction: Common Stock — 8,487 shares (Direct); Common Stock — 6,626 shares (Indirect, By 401(k)); Stock Options — 2,096 contracts (Direct); Common Stock — 2,588 shares (Indirect, By ESOP)

Footnotes (5)

F1. Reflects a 1.3978 to 1.00 stock exchange ratio in connection with the Company's mutual to stock conversion.
F2. Shares of restricted stock vest at a rate of 33 1/3% per year commencing on May 26, 2027.
F3. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
F4. Exercise price has been adjusted for the 1.3978 to 1.00 exchange ratio in connection with the Company's mutual to stock conversion.
F5. Stock options are fully vested.

Key Figures

Restricted stock grant: 500 shares 401(k) stock acquisition: 1,368 shares Direct common stock holdings: 8,487 shares +5 more

8 metrics

Restricted stock grant 500 shares Common Stock awarded on 2026-07-21 at 10.0000 per share

401(k) stock acquisition 1,368 shares Common Stock acquired indirectly via 401(k) on 2026-07-21

Direct common stock holdings 8,487 shares Direct ownership after reported transactions

401(k) common stock holdings 6,626 shares Indirect ownership via 401(k) after reported transactions

ESOP common stock holdings 2,588 shares Indirect ownership via ESOP reported as a holding

Underlying option shares 2,096 shares Stock options on common stock, fully vested

Option exercise price 4.7000 Exercise price for stock options expiring 2030-08-25

Stock exchange ratio 1.3978 to 1.00 Exchange ratio applied in mutual to stock conversion

Key Terms

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

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

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

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.

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.

FAQ

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

What insider activity did RBKB report for Phillip Lekanides?

Phillip Lekanides acquired 500 restricted shares of Rhinebeck Bancorp common stock at $10.0000 and 1,368 shares through a 401(k) on July 21, 2026. These are reported as grant/award acquisitions, not open-market purchases.

Are the new RBKB shares granted to Phillip Lekanides restricted?

Yes. The 500 new shares are restricted stock that vest 33 1/3% per year starting May 26, 2027. This means the award becomes fully vested over three years beginning on that date.

How many RBKB shares does Phillip Lekanides hold after these transactions?

After these awards, Phillip Lekanides holds 8,487 shares directly, 6,626 shares via a 401(k), and 2,588 shares via an ESOP. He also has fully vested options over 2,096 shares of common stock.

Were Phillip Lekanides' RBKB transactions under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes do not state that these awards or 401(k) share acquisitions occurred pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/21/2026 - 05:38 PM EDT

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^*

Lekanides Phillip

(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)
	SVP, Chief Accounting Officer

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/21/2026		A		500	A	$10	8,487⁽¹⁾⁽²⁾	D
Common Stock	07/21/2026		A		1,368	A	$10	6,626⁽¹⁾⁽³⁾	I	By 401(k)
Common Stock								2,588⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options	$4.7⁽⁴⁾							08/25/2021	08/25/2030	Common Stock	2,096⁽¹⁾⁽⁵⁾		2,096⁽¹⁾⁽⁵⁾	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. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.

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

5. 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)

Source: View Original Filing on SEC EDGAR