Jones Elizabeth A 4
4 · Orange County Bancorp, Inc. /DE/ · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
OBT COO Elizabeth Jones Sells 220 Shares for Tax Withholding
What Happened Elizabeth Jones, Chief Operating Officer of Orange County Bancorp (ticker: OBT), disposed of 220 shares on March 10, 2026 at $31.47 per share, for total proceeds of approximately $6,923. The transaction is reported under code F, indicating the shares were surrendered to cover tax withholding or exercise-related tax liabilities rather than a market sale for investment reasons.
Key Details
- Transaction date: 2026-03-10; Filed with SEC: 2026-03-12 (reported timely).
- Price and amount: 220 shares at $31.47 each; total ~ $6,923.
- Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes on awards:
- F1: Includes RSUs vesting 1/3 per year starting March 11, 2024.
- F2: Includes RSUs vesting 1/3 per year starting March 21, 2025.
- F3: Includes RSUs vesting 1/3 per year starting March 20, 2026.
Context Code F transactions are commonly used to satisfy tax withholding when restricted stock units vest or when options are exercised; they do not necessarily reflect a directional bet on the stock. This appears to be a routine withholding disposal tied to compensation awards rather than an open-market sale.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2][F3]2026-03-10$31.47/sh−220$6,923→ 7,950 total
Footnotes (3)
- [F1]Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 11, 2024.
- [F2]Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 21, 2025.
- [F3]Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 20, 2026.