BlackRock Portfolio Management LLC filed an amended beneficial ownership statement with the SEC on October 27, 2026, disclosing an 8.1 percent stake in Orange County Bancorp, Inc. as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: BlackRock Portfolio Management LLC reported beneficial ownership of 1,084,329 shares of Orange County Bancorp common stock, representing 8.1% of the class.
  • Sole voting power: The filing reports sole voting power over 958,296 shares, with zero shared voting power.
  • Sole dispositive power: BlackRock Portfolio Management LLC holds sole dispositive power over the full 1,084,329 shares, with no shared dispositive power.
  • Triggering event date: The date of the event requiring this filing is listed as September 30, 2026.
  • Dividend or proceeds rights: According to the filing, various persons have the right to receive dividends or sale proceeds, but no single person's interest exceeds 5% of total outstanding common shares.
  • Reporting person classification: BlackRock Portfolio Management LLC is classified as a parent holding company (type "HC") organized in Delaware, with its principal office at 50 Hudson Yards, New York, NY 10001.

BlackRock Portfolio Management's Reported Position in Orange County Bancorp

Orange County Bancorp, Inc. (NASDAQ:OBT), a community banking company headquartered at 212 Dolson Avenue, Middletown, NY 10940, is the issuer named in this amended filing. BlackRock Portfolio Management LLC submitted Amendment No. 1 to its Schedule 13G, reflecting ownership figures tied to a September 30, 2026 event date. The filing covers shares of common stock bearing CUSIP number 68417L107.

According to the filing, BlackRock Portfolio Management LLC beneficially owns 1,084,329 shares of Orange County Bancorp common stock in aggregate, equating to 8.1% of the outstanding class. Of that total, the reporting person holds sole voting power over 958,296 shares, while the remaining shares carry no voting direction disclosed by the filer. The filing attributes the difference between voting power and dispositive power to the structure of the Reporting Business Units covered by SEC Release No. 34-39538 (January 12, 1998), which governs how certain BlackRock business units aggregate and disaggregate their reported positions.

The filing also certifies, per Item 10, that "the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." Spencer Fleming, Managing Director, signed on behalf of BlackRock Portfolio Management LLC. Exhibit 99, referenced under Item 7, identifies the relevant subsidiary that acquired the reported securities.

What Was Disclosed

BlackRock Portfolio Management LLC disclosed amended beneficial ownership of 1,084,329 shares, or 8.1%, of Orange County Bancorp common stock, with sole voting power over 958,296 shares and sole dispositive power over the full position, as of September 30, 2026.