Jones Elizabeth A 4

What Happened
Elizabeth A. Jones, Chief Operating Officer of Orange County Bancorp, was granted 3,792 restricted stock units (RSUs) on March 19, 2026 (recorded as an acquisition at $0.00 per share). On the same date 656 shares were surrendered/settled to cover tax obligations at $31.15 per share, a disposition valued at $20,434. The grant is an award (not a market purchase) and the surrendered shares represent tax withholding rather than an open-market sale.

Key Details

• Transaction date(s): March 19, 2026; Form filed March 23, 2026.
• Award: 3,792 RSUs acquired at $0.00 (reported as code A).
• Tax withholding: 656 shares disposed at $31.15 per share for a total of $20,434 (reported as code F).
• Shares owned after the transactions: not specified in this filing.
• Footnotes: RSU vesting is described in the filing — vesting at a rate of 1/3 per year commencing on March 21, 2025; March 20, 2026; and March 19, 2027 (see F1–F3).
• Filing timeliness: reported on March 23 for March 19 transactions (no late‑filing flag indicated in the summary data provided).

Context
RSU grants are a form of compensation and do not signal an open‑market buy. The 656‑share disposition is a common cashless tax withholding practice (shares surrendered to satisfy tax withholding) rather than a voluntary sale. Vesting schedules noted in the footnotes indicate the awarded RSUs will vest in thirds over subsequent years.