Ruhl Joseph A 4

What Happened
Joseph A. Ruhl, Regional President (Westchester County) of Orange County Bancorp (OBT), was granted 5,133 restricted stock units (RSUs) on March 19, 2026 (acquired at $0.00). On the same date 1,377 shares were disposed/withheld to cover tax liability at $31.15 per share, a withholding value of $42,894.

Key Details

• Transaction dates: March 19, 2026 (award and tax withholding); Form 4 filed March 23, 2026 (filed within the 2-business-day window).
• Award: 5,133 RSUs granted (acquisition code A) at $0.00.
• Tax withholding: 1,377 shares disposed (code F) at $31.15/share, totaling $42,894.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes on vesting:
  • F1: RSUs vest 1/3 per year beginning March 21, 2025.
  • F2: RSUs vest 1/3 per year beginning March 20, 2026.
  • F3: RSUs vest 1/3 per year beginning March 19, 2027.
• Code F indicates shares were surrendered/withheld to satisfy tax withholding — a common administrative action.

Context
This filing reflects an executive RSU award with standard vesting schedules and a simultaneous share withholding to cover taxes. The award (acquisition) is not an open-market purchase, and the withholding sale is administrative — it does not necessarily indicate a broader sell decision.