Burns Annette L 4

What Happened

• Annette L. Burns, Chief Financial Officer of NBT Bancorp, was granted/received a total of 3,509 restricted stock units (RSUs) on March 23, 2026 (3,275 RSUs + 234 RSUs; acquisition price shown as $0.00). To satisfy tax withholding obligations, 86 shares were disposed of (21 shares and 65 shares) at $41.99 per share, generating total withholding value of $3,611 ($882 + $2,729). These disposals reflect tax withholding, not an open-market sale.

Key Details

• Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (within the required reporting window).
• Grants (code A): 3,275 RSUs @ $0.00 and 234 RSUs @ $0.00.
• Tax withholding (code F): 21 shares @ $41.99 ($882) and 65 shares @ $41.99 ($2,729); total withheld = 86 shares (~$3,611).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — the Omnibus RSU Agreement provides for 20% annual vesting (where applicable). F2 — an earned RSU vested following a three‑year performance period.
• These F-code transactions indicate shares were withheld to cover tax liabilities, not discretionary market sales.

Context

• RSU grants are compensation that typically convert to shares as they vest; the disposals here are routine tax-withholding actions and do not necessarily indicate a sell decision by the insider. No options were exercised and no open-market purchases or sales were reported in this filing.