Gregory Sousa, EVP and Deputy CLO of Orange County Bancorp, Inc. /DE/ (NASDAQ:OBT), filed an amended Form 4/A on September 21, 2026, reporting beneficial ownership changes with a date of earliest transaction of September 15, 2026, amending an original filing dated September 16, 2026.

Key Highlights

  • Reporting person: Gregory Sousa, serving as EVP and Deputy CLO of Orange County Bancorp, Inc. /DE/
  • Direct ownership: 10,572 shares of Common Stock held directly, including multiple tranches of restricted stock units with vesting schedules commencing in 2025, 2026, and 2027
  • Indirect ownership: 7,065 shares of Common Stock held indirectly through a 401(k) plan
  • Phantom stock acquisition: 23 units of Phantom Stock acquired on September 15, 2026, at a price of $38.78 per unit, representing deemed investments under the Performance-Based SERP
  • Total phantom stock: 4,992 Phantom Stock units beneficially owned following the reported transaction, held directly
  • SERP settlement terms: Phantom stock interests under the Performance-Based SERP may be settled in shares of Company stock upon distribution, based on the reporting person's prior election

Gregory Sousa's Ownership Position at Orange County Bancorp

According to the amended filing, Gregory Sousa directly holds 10,572 shares of Orange County Bancorp Common Stock. The filing's footnotes indicate this total includes restricted stock units vesting at a rate of 1/3 per year commencing March 21, 2025, additional restricted stock units vesting at 1/3 per year commencing March 20, 2026, and restricted stock units vesting at 1/3 per year commencing March 19, 2027. An additional 7,065 shares are held indirectly through a 401(k) plan, which the filing notes reflect transactions not required to be reported under Section 16 of the Securities Exchange Act of 1934.

The filing also reports a derivative security transaction. On September 15, 2026, Sousa acquired 23 units of Phantom Stock at a price of $38.78, described as "deemed investments in connection with the Performance-Based SERP." Following this transaction, Sousa's total directly held Phantom Stock position stands at 4,992 units. The underlying security for the Phantom Stock is Common Stock, with 23 shares as the amount underlying the reported acquisition. The filing states that "Phantom stock interests under the Performance-Based SERP may be settled in shares of Company stock upon distribution to the reporting person, based on their prior election."

The amended Form 4/A was signed by Jennifer Staub pursuant to a power of attorney and submitted on September 21, 2026. The filing was made under NASDAQ:OBT and covers a single reporting person.

What Was Disclosed

The amended filing discloses Gregory Sousa's beneficial ownership of 10,572 directly held shares and 7,065 indirectly held shares of Orange County Bancorp Common Stock, along with the acquisition of 23 Phantom Stock units under the Performance-Based SERP, bringing his total phantom stock position to 4,992 units.